Styles 24. Manufacturing overhead costs include: a. Direct material costs b. Direct labour costs c. Sales commissions d. Production facility costs 25. A tool that managers use to estimate the effects of deviations from budget assumptions is known as: a. sensitivity analysis b. variance analysis c. standard costing d. benchmarking 26. An example of strategic budgeting is: a. Planning a new facility to manufacture a new product. b. planning employees' work rosters. c. Preparing a budget for material purchases. d. All the above. 31. Compared to an activity-based costing system, a traditional costing system usually involves: a. Fewer cost pools b. More cost pools c. Larger cost pools d. a and 33. The process of using ABC information to evaluate the costs and benefits of production and to identify opportunities for improvements in profitability and efficiency is called: a. Activity-based allocation b. Management by exception c. Activity-based management d. Activity-based consulting