Change 028° to Equivalent Minutes and Seconds

question 37

Multiple Choice

Change 0.28° to equivalent minutes and seconds. Round to the nearest second if necessary.

• A)16' 48"
• B)64"
• C)16' 8"
• D)16' 96"

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Definitions:

Fixed Manufacturing Overhead

Consistent costs associated with manufacturing that do not vary with the level of production, such as rent and salaries of managers.

Variable Costing

An accounting method that charges all variable production costs directly to the cost of production, excluding fixed overhead costs from product costing.

Fixed Manufacturing Overhead

Costs associated with manufacturing that do not vary with the level of production, such as rent, salaries of managers, and depreciation of equipment.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a unit of product.