Choose The Correct Answer, No Further Explanation Needed 1. The predetermined overhead rate is a) determined on a moving average basis throughout the year b) not calculated until actual overhead costs are incurred c) determined at the beginning of the year d) determined at the end of the current year 2. Aluminum to make soda cans is a a) Product and direct material cost b) Product and direct labor cost c) Product and manufacturing overhead cost d) Period and selling/marketing cost e) Period and general/admin cost 3. Sugar to make icing for hostess snack cakes is what cost category? a) Product and direct material costs b) Product and direct labor costs c) Product and manufacturing overhead costs d) Period and selling/marketing costs e) Period and general/admin cost 4. Assemblers at Schweitzer Engineering are categorized as? a) Product and direct material costs b) Product and direct labor costs c) Product and manufacturing overhead costs d) Period and selling/marketing costs e) Period and general/admin cost 5. Marketing Executives Salary would be categorized as? a) Product and direct material costs b) Product and direct labor costs c) Product and manufacturing overhead costs d) Period and selling/marketing costs e) Period and general/admin cost