Question: Question 1 20 pts A cost is one whose total amount stays the same as volume changes. A. Fixed B. Relevant C. Variable D. Step
Question 1 20 pts A cost is one whose total amount stays the same as volume changes. A. Fixed B. Relevant C. Variable D. Step E. None of the above Question 2 20 pts All of the following are considered fixed costs except A. Property taxes. B. Property insurance C. Engines used in production of lawnmowers. D. Rent on the factory storage for finished goods. E. None of the above Question 3 20 pts A production supervisor's salary is classified as A. A direct labor cost B. A period cost C. An overhead cost D. All of the above E. None of the above Question 4 20 pts Depreciation A. Is a product cost if it relates to salespersons automobiles. B. Is a period cost if it relates to salespersons automobiles. C. Is always a product cost. D. Is always a period cost. E. None of the above are true
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
