Which One of the Costs Below Is NOT Considered Part

question 46

Multiple Choice

Which one of the costs below is NOT considered part of direct labour costs?

• A)employer payroll taxes on factory workers
• B)gross earnings of the general manager of the plant
• C)gross earnings of factory workers
• D)fringe benefits

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Definitions:

Explanatory Variable

A variable in statistical analysis that is believed to influence or cause changes in another variable, often tested for effect.

Regression Analysis

A set of statistical processes for estimating the relationships between a dependent variable and one or more independent variables.

Confidence Interval

An estimate of an interval in which a population parameter lies, based on sample data, with a specified level of certainty.

Body Fat

A component of the body that consists of stored fat and is essential for normal physiological and metabolic functions.