Reference no: EM132979413

Problem 1: A direct cost is a cost that is:

Multiple Choice

Option 1: Not able to be traced through the manufacturing process.
Option 2: Both a product cost and a period cost.
Option 3: Linked to a time period but not to specific products.
Option 4: Cost-effectively traceable to a cost object.
Option 5: Not cost-effectively traceable to a cost object.

Problem 2: Which of the following costs is not included in factory overhead?

Multiple Choice

Option 1: Indirect materials.
Option 2: Indirect labor.
Option 3: Depreciation of manufacturing equipment.
Option 4: Repairs of factory equipment.
Option 5: Direct materials.