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D Question 1 0.9 pts Beginning Finished Goods Inventory plus Cost of Goods Manufactured constitutes Cost of Goods Available for Sale. O True FalseQuestion 2 0.9 pts Direct materials, indirect labor, and depreciation on factory equipment are all included in manufacturing overhead. True O FalseQuestion 3 0.9 pts Direct materials for one unit of product are $7.00, direct labor is $40.00 per hour, manufacturing overhead costs are $8.00 per direct labor hour. If one-fourth hour of direct labor is required to produce one unit of product, how much are the total of labor and overhead costs for one unit of product? $18.00 O $12.00 O $19.00 O $40.00D Question 4 0.9 pts Direct materials and direct labor are Period costs. Product costs. O Indirect costs. Overhead costs.D Question 5 0.9 pts Potter Inc's beginning work in process inventory and ending work in process inventory were 150,000 and 30,000, respectively, for a given period. The company also had 15,000 in direct material, 8,000 in direct labor, and 6,500 in factory overhead. What was the Cost of Goods Manufactured for the period? O 90,500 O 209.500 O 136,500 O 149,500