A manufacturing firm has manufacturing costs which become product costs. These manufacturing costs do not include:

a. direct material costs (or raw material costs).
b. direct labor costs.
c. manufacturing overhead costs (sometimes called indirect manufacturing costs).
d. expenditures for administrative staff.
e. expenditures for supervisors' salaries, factory utilities, property taxes, insurance, and depreciation on manufacturing plant and equipment.


D

Business

You might also like to view...

Some organizations take collaboration so seriously that they are changing the traditional office layout and replacing cubicles with low walls or no walls between desks. Many are creating small, informal areas designed to encourage spontaneous discussion and problem-solving. This is an example of which concept?

A. job sharing B. collaborative groups C. flextime D. collaborative teams

Business

You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary (or deferred) annuity, while Investment DUE is an annuity due. Which of the following statements is CORRECT?

A. The present value of ORD must exceed the present value of DUE, but the future value of ORD may be less than the future value of DUE. B. The present value of DUE exceeds the present value of ORD, while the future value of DUE is less than the future value of ORD. C. The present value of ORD exceeds the present value of DUE, and the future value of ORD also exceeds the future value of DUE. D. The present value of DUE exceeds the present value of ORD, and the future value of DUE also exceeds the future value of ORD. E. If the going rate of interest decreases from 10% to 0%, the difference between the present value of ORD and the present value of DUE would remain constant.

Business

Which of the following qualifies as a "serious health condition" and entitles an employee to leave under the Family and Medical Leave Act:

a. an illness that involves in patient care b. a mental condition that requires continuing treatment by a health care provider c. incapacity due to pregnancy d. an injury that involves in patient care e. all of the other specific choices qualify

Business

What number corresponds to t0.05,10?

a. 1.812 b. 1.372 c. 2.228 d. 1.833

Business