In terms of behavior, cost can be categorized as ____________ and _____________ cost.Select one:a.manufacturing, non-manufacturingb.fixed, variablec.product, periodd.direct, indirect

______________ Costing and ____________ Costing are the two categories of costing systems.Select one:a.Historical, Standardb.Throughput, Backflushc.Manufacturing, Non-manufacturingd.Direct, Indirect

The essential difference between __________ costing and ____________ costing is timing.Select one:a.manufacturing, overheadb.absorption, activity-basedc.variable, absorptiond.fixed, variable

____________________ that looks at costs after they have been incurred.Select one:a.Indirect Costsb.Uniform Costsc.Historical Costsd.Standard Costs

Which of the following indirect costs can be included as a product cost under activity-based costing but should not be included as a product cost according to GAAP?

Fixed costs ______:Question 4Select one:a.include parts and materials used to manufacture a productb.can be adjusted in the short run to meet actual demandsc.vary with production or sales volumed.may be either direct or indirect costs