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QUESTION 15 Advertising Costs are an example of: O 1. Fixed Manufacturing Cost O 2. Prime Cost O 3. Variable Product Cost O 4. Fixed Selling Cost QUESTION 5 Wood used in the manufacture of furniture is an example of O 1. Variable and direct cost O 2. Fixed and direct Cost O 3. Variable and indirect cost O 4. Fixed and indirect cost QUESTION3 The following costs are budgeted for Ghana Corporation for next year: Total variable co Total fixed costs Total costs. 350,000 240,000 $590,000 The costs above are based on a level of activity of 10,000 units. What would total costs be for Ghana if the level of activity was 12,000 units? O 1. $590,000 O 2.$638,000 O 3. $660,000 O 4. $708,000 QUESTION 1 Manufacturing overhead includes all manufacturing costs except direct labor all manufacturing costs except direct labor and direct materials all selling and administrative costs. all direct material, direct labor and administrative costs. QUESTION 22 The cost of goods sold of a manufacturing company equals beginning finished goods inventory+ cost of goods manufactured ending finished goods inventory. O True O False

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