fma-prime cost ,direct cost….

Hi Tutor,
i have a lot question need you to solve, because i download the exercise at other side, but the side no provide the answer. hope you can solve it. thanks in advance 🙂

Q1) which of the following are part of the prime cost for a manufacturing entity?
A. cost of lubricating a machine used in production.
B. salary cost of supervisors overseeing direct employees
C. cost of a canteen used by production employees
D. hire of specialist equipment for a particular job.

Q2) direct cost are:
A. costs which can neither be identified with a cost centre nor identified with a single cost unit.
B. costs which can be identified with a single cost unit.
C. costs incurred regardless of production level
D. all the above.

Q3)Sales budget is:
a. derived from the production budget.
b. management’s best estimate of sales revenue for the year.
c. not the starting point for the master budget.
d. prepared only for credit sales.

Q4) which of the following are purpose of having a budget?
I. establishing strategic options
II. motivating management
III.establishing long term objectives
IV. planning operations

A. I & III
B. I & IV
C. II, IV
D. II, III, IV

Q5) A cost is described as staying the same over a certain activity range and then increasing but remaining stable over a revised activity range in the short term. what type of cost ?

A. fixed cost B. Variable cost C. Semei-variable D. Stepped fixed cost