$(47.)$ Which item is a period cost?

A$.$ Wages of maintenance workers in the factory building

B$.$ Depreciation on equipment used in the factory building

C$.$ Wages of maintenance workers in the headquarters building

D$.$ Rent on factory robotic equipment in an airplane manufacturer

$(48.)$ When is it more appropriate to use a traditional overhead allocation system instead of an ABC system?

A$.$ When the production process for different products uses infrastructure support services in very different ways

B$.$ When a company allows customers to request special design changes and there are several product lines

C$.$ When the production process for each product is basically the same

D$.$ When several different activities are identified that each create overhead costs

$(49.)$ What is an example of manufacturing overhead?

A$.$ Wages for accounting staff in company headquarters

B$.$ Wages for assembly$-$line workers in an automobile plant

C$.$ Wages for a factory supervisor

D$.$ Cost of concrete in making a road

$(50.)$ In an ABC system, how are the costs belonging to a cost pool identified?

A$.$ Through careful analysis of what activities cause the need for each specific overhead cost

B$.$ Through computation of the difference between total overhead cost and the sum of the total cost of direct labor and direct materials

C$.$ Through subtraction of overhead allocation using ABC from overhead allocated using a traditional technique

D$.$ Through computation of the different between total overhead cost and total cost of direct labor

$(51.)$ Sousa Print Shop custom posters and flyers based on specific customer requests. Which costing system should this company use?

A$.$ Unit$-$level costing

B$.$ Activity$-$based costing

C$.$ Job order costing

D$.$ Process costing

$(52.)$ When should process costing be used?

A$.$ When each unit produced passes through a unique series of process centers

B$.$ When each unit produced is basically the same as the other units

C$.$ When each unit is produced only when an order is received from a customer

D$.$ When each unit produced is made to a unique set of specifications

$(53.)$ What is an example of direct materials?

A$.$ Cost of excavation equipment in making a road

B$.$ Cost of blueprint plans in making a building

C$.$ Cost of glue in making wood furniture

D$.$ Cost of bricks in making a building

$(54.)$For which production process is process costing the appropriate costing method to use?

A$.$ Producing made$-$to$-$order industrial equipment

B$.$ Constructing custom$-$made homes

C$.$ Producing identical refrigerators in an appliance factory

D$.$ Constructing bridges across variety spaces

$(55.)$ How is activity$-$based costing $($ABC$)$ different from a traditional system?

A$.$ Overhead is allocated based on several different measures of activity.

B$.$ Overhead is allocated based on sales per square foot

C$.$ Overhead is allocated based on the relative sales value of products.

D$.$ Overhead is allocated based on a single measure of activity.

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$(56.)$ What is an example of direct labor?

A$.$ Wages for component assemblers in an airplane manufacturer

B$.$ Wages for factory quality control inspectors

C$.$ Wages for factory maintenance workers

D$.$ Wages for accounting staff in company headquarters

$(57.)$ Horizontal and Vertical Analysis

$(58.)$ What helped Smartistry$$s profitability in $20$Y$1$ as it experienced a decrease in sales?

A$.$ Change in taxes inn proportion to sales

B$.$ Reduction in production cost

C$.$ Reduction in sales and general expenses

D$.$ Change in interest expense in proportion to sales

$(59.)$ Which statement correctly analyzes the company$$s performance in $20$Y$0?$

A$.$ The company$$s profitability deceased because of the increase in interest expenses proportional in sales in $20$Y$0.$

B$.$ The company$$s profitability increased because of the reduction in sales and general expenses proportional to sales in $20$Y$0.$

C$.$ The company$$s profitability increased because of the reduction in taxes proportional to sales in $20$Y$0.$

D$.$ The company$$s profitability decreased because of the increase in production cost to sales in $20$Y$0.$