BKAN 1013: BASIC ACCOUNTING A212 2021/2022 TUTORIAL 4: MANAGERIAL ACCOUNTING DEADLINE: 30 JUNE 2022 (THURSDAY) THE ANSWER MUST BE HAND-WRITTEN QUESTION 1: Identify the right answer for the following statements. The salary of the director of a manufacturer is part of the manufacturing overhead costs. True False The depreciation on the machines used on the manufacturing line is True False considered to be indirect manufacturing cost. Manufacturing overhead costs are also known as indirect manufacturing True False costs. Commissions paid to sell products are reported as part of the cost of goods True False sold. Manufacturing overhead must be assigned to both work-in-process inventory True False and finished goods inventory for external financial reporting purposes.