1)Indirect manufacturing costs ________.

Select one:

a. includes materials cost only

b. generally include the cost of material and the cost of labor

c. can be traced to the product easily

d. can not be traced to the product easily

2)operating income budget is :

Select one:

a. revenues budget + cost of goods available for sale budget

b. revenues budget - cost of goods sold budget

c. revenues budget + cost of goods sold budget

d. revenues budget - cost of goods available for sale budget

4)Cost Of Goods Available For Sale Budget =

Select one:

a. Cost Of Ending Inventory + Cost Of Goods Manufactured

b. Cost Of Beginning Inventory + Cost Of Goods Manufactured

c. Cost Of Ending Inventory Cost Of Goods Manufactured

d. Cost Of Beginning Inventory Cost Of Goods Manufactured

5)Which of the following is not an operating budget :

Select one:

a. balance sheet budget

b. production budget

c. cost of goods sold budget

d. direct material usage budget

9)Alex Furniture sells a table for $850. His fixed costs are $21,000, while his variable costs are $500 per table. calculate breakeven point in revenues .

Select one:

a. 60

b. 59,500

c. 51,000

d. 70