please help me answer these even without explanation so it will easy for you to answer. thank you so much.

1.In constructing a chart of accounts, all of the following guidelines should be adhered to except:

dividing charts into balance sheet accounts and income statement accounts

using numbers rather than letters in coding the accounts

using account titles that reflect a maximum level of detail about each item

giving maximum information with a minimum of supplementary analysis

providing sufficient classification to enable cost assignment to responsible managers

2.Product costs

are costs that are included in the determining the value of the inventory.

are all of these.

include direct materials, direct labor, and overhead

are manufacturing costs.

prime costs

3.an inventory item that was started in production but not finished

indirect materials

direct materials

work in process

finished goods

factory overhead

4.The term "conversion costs" refers to:

manufacturing costs incurred to produce units of output

the sum of direct materials costs and direct labor costs

the sum of direct labor costs and all factory overhead costs

all costs associated with manufacturing other than direct labor costs and direct materials c

costs that are associated with marketing, shipping, warehousing, and billing activities

5.A typical indirect labor cost for a manufacturer is:

sales office salaries

factory insurance

freight out

sales commissions

materials handling

6.Cost classifications are based on the relationship of costs to all of the following except:

accounting periods

ledger accounts

products

manufacturing departments

volume of production

7.The unit cost

is the total product costs divided by the number of units produced.

is the total conversion costs divided by the number of units produced.

is the total prime costs divided by the number of units produced.

product plus period cost

includes period costs.

8.Which of the following would not be a period cost?

office supplies

advertising costs

research and development

direct materials

bad debts

9.1. Price must be greater than cost in order for the firm to generate revenue. 2. Expired costs are called assets.

BOTH statements are TRUE

1st statement TRUE

1st statement FALSE

BOTH statements are FALSE

10. A type of employee whose wages are not a component of indirect labor is a(n):

shop clerk

maintenance worker

assembler

supervisor

inspector

11. 1 Product costs are carried in inventory until the goods are finished, then they are expensed. 2. Marketing costs would be classified as period costs.

1st statement FALSE

1st statement TRUE

BOTH statements are FALSE

BOTH statements are TRUE

12. 1. Property taxes on a factory building would normally be classified as a fixed cost. 2.Glue used in the manufacture of cabinets would be an example of a fixed cost.

BOTH statements are FALSE

BOTH statements are TRUE

1st statement FALSE

1st statement TRUE

13. A typical marketing expense is:

freight out

uncollectible accounts expense

conversion costs

audit fees

factory overhead

14. 1 Any costs associated with storing, selling, and delivering the product are classified as product costs. 2. Prime cost is the sum of direct materials cost and direct labor cost

BOTH statements are FALSE

1st statement TRUE

1st statement FALSE

BOTH statements are TRUE

15. 1 Cost of goods sold is the total product cost of the units sold during a period.. 2.Sales revenue equals the product cost per unit times the number of units sold.

BOTH statements are TRUE

BOTH statements are FALSE

1st statement TRUE

1st statement FALSE