The supplies, plant maintenance, plant rent, plant insurance and cleaning labor come under the type of costs called ____________?

A. Labor costs
B. Factory overhead costs
C. Finished costs
D. Manufacturing costs

An overtime is considered in cost accounting as ___________?

A. Indirect costs
B. Overhead costs
C. Premium costs
D. Both a and b

The conversion cost is subtracted from direct manufacturing labor cost to calculate the ____________?

A. Direct overheads
B. Overhead costs
C. Factory overhead
D. Manufacturing overhead cost

The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be ____________?

A. $47,000
B. $33,000
C. $57,000
D. $18,000

The costs which are considered as expenses in the accounting period are also known as ____________?

A. Inventory costs
B. Period costs
C. Timed costs
D. Labor overheads

All the costs, which are assigned to manufactured products for specific calculations are classified as ___________?

A. Contracting costs
B. Product cost
C. Government costs
D. Marketing costs

The labor which works as forklift truck, plant guards and the rework labor is classified as ____________?

A. Prime overhead
B. Conversion overhead
C. Factory overhead
D. Manufacturing overhead

The period cost, which consists the income statement of manufacturing companies belong to ____________?

A. Inventory costs
B. Product costs
C. Non-manufacturing costs
D. Manufacturing costs

The wages and other benefits, provided to assembly line workers and operators of machine are classified under the _____________?

A. Work in process costs
B. Finished costs
C. Direct manufacturing labor costs
D. Indirect manufacturing labor costs

An inventory, which consists of partially worked goods is called _____________?

A. Direct materials inventory
B. Work in process inventory
C. Finished goods inventory
D. Indirect material inventory