Cost Accounting University of Maine at Presque Isle
Quiz 1
QUESTIONÂ 1
1. Choose the direct material used in a manufacturing business that makes cars:
you gave the correct answer
QUESTIONÂ 2
Choose the direct labor used in a manufacturing business that makes cars:
you gave the correct answer
QUESTIONÂ 3
Choose the item that is not included in manufacturing overhead in a car manufacturing business:
you gave the correct answer
QUESTIONÂ 4
Choose the item that is NOT a product cost in a manufacturing business that makes automobiles:
you gave the wrong answer
QUESTIONÂ 5
Product costs become inventory, are assets and are expensed when they are sold.  Period costs are expensed in the month they are incurred.
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QUESTIONÂ 6
Direct materials, direct labor and manufacturing overhead are product costs.
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QUESTIONÂ 7
Non-manufacturing costs are period costs.
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QUESTIONÂ 8
Choose an example of a variable cost:
you gave the correct answer
QUESTIONÂ 9
Choose an example of a fixed cost:
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QUESTIONÂ 10
A mixed cost has the characteristics of both a variable cost and a fixed cost.
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Quiz 2
Question 1
I have completed all of the activities in this competency, answered all Milestone Activities and had them affirmed by the instructor, and I have no lingering questions that I need help with regarding the course content.
Answers
Status NEW
Posted 10 Aug 2023 09:08 AM
My Price 5.00
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file 1691660467-Cost Accounting University of Maine at Presque Isle.docx preview (208 words )
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