b. until they are purchased from a vendorc. until the finished product is soldd. none of these choices are correctuntil they are withdrawn from inventory for usein productionthe slope of the line in a mixed cost graph represents the _____ per unit of activitydrivera. total costb. total fixed costc. variable costd. step costvariable cost
which of the following types of costs is a product cost for absorption costing but a periodcost for variable costing?d. direct laborfixed factory overhead per unit sold
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the inventory cost computed under absorption costing is ___ the inventory costcomputed using variable costingTrust company applies overhead based on direct labor hours. At the beginning of the
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year, Trust estimates overhead to be $700,000, machine hours to be 200,000, anddirect labor hours to be 35,000. During February, Trust has 5,000 direct labor hours and10,000 machine hours.what is the amount of overhead applied for Feb?100,000which of the following is the order in which cost elements flow through accounts until
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they are recognized as an expense?a. raw materials, work-in-process, purchase returnsb. work-in-process, unsold goods, finished goodsc. finished goods, cost of goods sold, work-in-processd. work-in-process, finished goods, costs of goods soldwork-in-process, finishedgoods, costs of goods soldwhich of the following is not a possible source of customer diversity?