Reference no: EM132622060

Das Ben is reviewing the cost structure of different products. The following information relate a product.

Problem 1: Calculate the amount of direct materials used during the year.

Select one:

a. $36,500.

b. $42,500.

c. $47,500.

d. $48,000.

e. Cannot be calculated with the information given.

Problem 2: One of the functions of management accounting is calculate product cost. Please indicate how product costs are calculated

Select one:

a. expensed when incurred.

b. Some other cost not listed here.

c. treated in the same manner as period costs.

d. treated in the same manner as advertising costs.

e. subtracted from cost of goods sold.