BCF 106 Module 3 exam.docx - Identifying and Categorizing...

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Identifying and Categorizing Costs Exam Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. Back to Status page contains 3 Questions 1) The allocation rate formula for applying indirect cost is defined as: [Compare and contrast direct and indirect costs.] Indirect costs divided by Base Direct costs divided by Base Base divided by Indirect costs Base divided by direct costs 2) If a foreman was supervising the actual production of multiple products, his/her salary would most likely be treated as: [Describe and define the categories of labor and materials costs.] [Remediation Accessed :N] Manufacturing overhead. Direct manufacturing labor. Direct engineering labor.
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Engineering overhead. 3) The Sparrowhawk requires a custom shipping (packaging) container. The cost of the specialized stamping machine (i.e. tooling) for the container would likely be treated as
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