12. What is the significant variance doesn't means (1.5 Points) O which has small influence O Which is relevance to the decisions Which affected the firms results. O Which affected the decision making 13. Which of the following is false on, (1.5 Points) O Manufacturing overhead is a mixture of fixed and variable costs. O Direct materials are considered to be variable costs. O Fixed costs stay constant in total over a wide range of activity. The average cost per unit is valid and fixed for predicting total costs at many different output levels. 23. Which of the following is false concerning process costing (1 Point) O b. It uses multiple WIP accounts, one for each processing department O d. It transfers costs from one processing department to the next O a. It is well suited for a company whose products are indistinguishable from each other. O c. It accumulates product costs by each product 24. Wheel used in the production of car is classified as manufacturing overhead and indirect material, L. 11.5 Points) True KODI False 18. All of the following statements are correct EXCEPT for which of the following u (1.5 Points) O c. Process costing has the same purposes as job costing. d. Process costing would be appropriate for a custom cabinet maker. a. Costs are accumulated by department when using process costing. b. Units produced are indistinguishable from each other in a process costing system