Direct-Labor Hours Are a Good Cost Driver Choice for Overhead

question 7

True/False

Direct-labor hours are a good cost driver choice for overhead costs in modern, highly automated departments.

---

Definitions:

Contracts Entered

Agreements that have been formally established or agreed upon by the parties involved.

Parents Responsible

The legal principle that parents or legal guardians are liable for the actions and conduct of their minor children.

Classic Buick

Refers to a vintage or highly valued model of Buick, a prominent automobile brand known for its luxury vehicles.

Specified Amount

An exact or particular sum of money designated in a contract or agreement that is agreed upon by all parties involved.