Match the Definition to the Term

question 49

Multiple Choice

Match the definition to the term.
-differential piece-rate system

• A)a system in which a standard time was set for each task a worker had to do,those who completed the task in that time or faster got a higher rate of pay,while anyone who did not meet the standard time was penalized
• B)the breaking down of skilled labor into standardized tasks through a careful analysis of industrial work
• C)working below one's normal capacity or speed

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Definitions:

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services in manufacturing.

Direct Labor

The wages and benefits paid to workers who are directly involved in the production of goods or services.

Prime Costs

The combined costs of direct materials and direct labor that are directly involved in the production of goods.

Direct Materials Costs

Costs that are directly traceable to the production of specific goods or services, such as raw materials used.