... inventory. Solutions Manual forCOST ACCOUNTINGCreating Value for Management Fifth EditionMICHAEL MAHERUniversity of California, Davis© The McGraw-Hill Companies, Inc., 1997 Solutions Manual, ... first year’s results.© The McGraw-Hill Companies, Inc., 1997 Solutions Manual, Chapter 2 13Chapter 2Cost Concepts and Behavior Solutions to Review Questions2–1.Cost is a more general term ... overhead—departmental office staff’s salaries.© The McGraw-Hill Companies, Inc., 1997 Solutions Manual, Chapter 2 15 Solutions to Exercises2–14. (15 min.) Basic concepts.Cost ItemFixed (F)Variable...