Combinations of Numbers and Letters, Such as 3M and 1-800-CONTACTS

question 7

True/False

Combinations of numbers and letters, such as 3M and 1-800-CONTACTS, can be trademarked.

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Definitions:

Indirect Factory Wages

Wages paid to workers who are not directly involved in production, such as supervisors and maintenance staff, considered part of manufacturing overhead.

Supervisory Salaries

Financial compensation awarded to employees who are in charge of overseeing and managing other workers.

Machine Hours

A measure of the amount of time a machine is operated, used as a basis for allocating factory overhead costs to products.

Standard Cost

A predetermined cost of manufacturing a product or performing a service, used as a benchmark to measure performance.