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For questions 13-16: Manufacturing Cost Terms.Indicate whether each of the following costs associated with production would be classified as:

a. direct materials

b. direct labor

c. manufacturing overhead

Question13

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Hourly workers assembling goods:

Select one:

a.direct materials

b.direct labor

c.manufacturing overhead

Question14

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Maintenance personnel:

Select one:

a.direct materials

b.direct labor

c.manufacturing overhead

Question15

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Grease used to maintain machines:

Select one:

a.direct materials

b.direct labor

c.manufacturing overhead

Question16

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Salaried supervisor responsible for several product lines:

Select one:

a.direct materials

b.direct labor

c.manufacturing overhead

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For questions 17-19: Manufacturing and Nonmanufacturing Cost Terms.Indicate whether each item should be categorized as a:

a. product

b. period cost

Question17

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Raw materials used in production easily traced to the product:

Select one:

a.product

b.period cost

Question18

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Salary for salespeople:

Select one:

a.product

b.period cost

Question19

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Computer equipment depreciation for accounting department:

Select one:

a.product

b.period cost

Question20

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A university has 900 students enrolled in classes. Each student attends school on a part-time basis. On average, each student takes two-thirds of a full load of classes. Calculate the number of full-time equivalent students (i.e., calculate the number of equivalent units).

Select one:

a.300 students

b.400 students

c.500 students

d.600 students