Which of the Following Was Not One of the Reasons

question 8

Multiple Choice

Which of the following was not one of the reasons why only a small proportion of blacks were able to own farms by the end of Reconstruction?

• A) Most blacks lacked the capital to buy the land and equipment.
• B) White southerners did not want to sell their land to blacks.
• C) Southern industrialists needed laborers to work in their new urban factories.
• D) Neither Congress nor the states imposed large-scale land reform.
• E) Southern planters needed a source of cheap labor to work on their plantations.

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Definitions:

Overapplied Overhead

A situation where the overhead allocated to products exceeds the actual overhead costs incurred, leading to a need for adjustment in cost accounting.

Overapplied Manufacturing Overhead

This occurs when the allocated manufacturing overhead costs are more than the actual overhead costs incurred during a period.

Work in Process Inventory

Goods that are in the process of being manufactured but are not yet complete.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including but not limited to utilities, supervision, and factory equipment maintenance.