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Problem #11 of 14 The cost of materials used in production is determined using all of the following except O a. direct labor b. materials purchased c. materials inventory. 3 d. Alli of these choices are correct. 6 9 10 2 Problem #12 of 14 which of the following would not be considered a conversion cost by a baking company? a. Flour b. Depreciation on oven c. Electric costs 2 d. Baker 6. 9 10 Problem #13 of 14 Cost savings from replacing lighting fintures in a production facily Is an example of the measure of 13 a. material use efficiency. 14 c. fuel efficiency d. energy efficiency. Problem #14 of 14 Managerial accounting information uses 13 a. historical data only. b. financial statements only c. estimated data only d. historical and estimated data. 7