All of the Following Are Reasons for Increased Reliance on Slave

question 54

Multiple Choice

All of the following are reasons for increased reliance on slave labor, after 1680, in colonial America EXCEPT

• A) higher wages in England reduced the number of emigrating servants.
• B) planters feared the growing number of landless freemen in the colonies.
• C) the British Royal African company lost its monopoly on the slave trade in colonial America.
• D) Americans rushed to cash in on the slave trade.
• E) the development of wheat as a staple crop in the British colonies.

---

Definitions:

Factory Burden

Another term for manufacturing overhead or factory overhead.

Managerial Accounting

The process of identifying, measuring, analyzing, and communicating financial information to managers for the pursuit of an organization's goals.

Product Costs

Expenses directly tied to the creation of products, including direct materials, direct labor, and factory overhead.

Factory Overhead Cost

All indirect costs associated with manufacturing, including utilities, maintenance, and manager salaries, but not direct materials or direct labor.