Many companies recognize three major categories of costs of manufacturing a product. These are direct materials, direct labor, and overhead. Which of the following is an overhead cost in the production of an automobile?
a) The cost of small tools used in mounting tires on each automobile.
b) The cost of the tires on each automobile.
c) The cost of the laborers who place tires on each automobile.
d) The delivery costs for the tires on each automobile.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Many companies recognize three major categories of costs of manufacturing a product. These are direct materials, direct labor, and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
An unfavorable labor efficiency variance is created when: Multiple Choice actual labor hours worked exceed standard hours allowed. actual hours worked are less than standard hours allowed.
Answers (1)
A mother left 20% of her estate to one son and 25% to another son. the remaining $55,000 she leftto her daughter. find the amount of the estate:
Answers (1)
Which of the following will cause an increase in consumer surplus? A. the imposition of a binding price floor in the marketB. a decrease in the number of sellers of the goodC. a technological improvement in the production of the goodD.
Answers (1)
Which of the following is most likely to be considered unethical? A. Orion Inc. sends its waste products for disposal to a developing nation because the pollution control laws in its home country are more strict than those in the developing nation.
Answers (1)
The Financial Accounting Standards Board has the authority to develop generally accepted accounting principles. Choose the option below that contains the steps used by the FASB in developing GAAP. a.
Answers (1)
New Questions in Business
6 If you are a driver under 21 with a breath or blood alcohol level of. 05 or higher you will be required to:
Answers (1)
Why do you think companies felt that unions were "conspiracies that interfere with property rights"?
Answers (1)
When Ernesto needed to learn what his employees really think about his company's new pension plan, he approached Vonnie, a long-time secretary in the legal department with contacts throughout the organization.
Answers (1)
2. How interest rate changes affect present and future value Suppose you deposit $300 today into a bank account with a variable interest rate and will receive a payment in one year.
Answers (1)
The definition of manager has three components. Which one below is not one of them? a. A manager is always responsible for contribution b. Managers always get something done through other people c.
Answers (1)