overhead are overhead is applied to progress account D the finished goods inventory account (C the p of the en 10. In a CVP graph the an velehted-avera represent overhead cost applied to Work in Process 12) Entry (L I) in the below T-account could e busines rhead Work In Process 13.) Entry (1) in the below T-account represents the purchase rather than use of ravw Raw Materials 20, 000 14.) The units in beginning work in process inventory plus the units started into production must equal the units transferred out of the department plus the units in ending work in process inventory 15.) When computing the cost per equivalent unit, it is necessary to consider the percentage completion of the units in beginning inventory under the weighted-average method. 16.) In a CVP graph, the anticipated profit or loss at any given level of sales is measured by the vertical distance between the total revenue line (sales) and the total fixed expense line. 17,) Two companies with the same margin of safety in dollars will also have the same total contribution margin. 18.) Variable manufacturing overhead costs are treated as product costs under both absorption and variable costing. 19,) Under variable costing, fixed manufacturing overhead is treated as a product cost. 20.) Under variable costing, an increase in fixed manufacturing overhead will affect the unit product cost. 21.) Wages paid to the factory warehouse supervisor are considered an example of A) B) c) D) Direct Labor Yes Yes No No Period Cost Yes No Yes No