Select the Appropriate Definition for Each of the Items Listed

question 214

Multiple Choice

Select the appropriate definition for each of the items listed below.
-(direct materials + direct labor) /units produced

• A)per-unit prime cost
• B)per-unit conversion cost
• C)per-unit cost of goods manufactured

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Definitions:

Unemployment Rate

The extent of individuals within the labor force who are without work but are actively job hunting.

President Eisenhower

Dwight D. Eisenhower, the 34th President of the United States, who served from 1953 to 1961, previously a five-star Army general during World War II.

New Deal

was a series of programs, public works projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s to help alleviate the effects of the Great Depression.

Tax Increase

A rise in the amount of money that individuals or corporations must pay to the government based on earnings or purchases.