All of the Following Items Are a Flow Variable EXCEPT

question 46

Multiple Choice

All of the following items are a flow variable EXCEPT _____.

• A) a savings account balance
• B) consumption expenditure
• C) government purchases
• D) gross private investment

---

Definitions:

Direct Labor-Hour

A measure of the work effort contributed by labor to produce goods, often used as a basis for assigning manufacturing overhead to products.

Predetermined Overhead Rate

A rate established before the period begins, used to allocate overhead costs to products or job orders based on a consistent activity measure.

Forming Department

A section within a manufacturing facility where raw materials are shaped into products or parts.

Machine-Hour

A unit of measure representing the operation of a machine for one hour, often used in allocating manufacturing overhead.