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  • 2022-05-27
    Which are the following likely to be variable costs? ( )
    A: Petrol and oil per mile
    B: Telephone bill
    C: Cost of materials used for production
    D: The management accountant’s annual membership fee to CIMA
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    • When allocating indirect production costs to cost objects, which of the following is/are a cost-allocation base(s)?
    • The cost of using the telephone, which involves a flat rate per monthplus a fee for extra usage, would be considered a:
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    • Perez Company had the following information available: Expected Costs and Selling Price Based on 5,000 Units: Variable manufacturing costs per unit $32 Fixed manufacturing costs per unit $20 Selling price per unit $70 Expected production level 5,000 units In the flexible budget at 15,000 units, what is the total manufacturing cost?
    • Which of the following costs would be considered a period rather than a product cost in a manufacturing company? A: Manufacturing equipment depreciation. B: Property taxes on corporate headquarters. C: Direct materials costs. D: Electrical costs to light the production facility.

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