The Overall Dependency Ratio Measures

question 44

Multiple Choice

The overall dependency ratio measures:

• A)family size
• B)percent of the population on welfare
• C)the number of younger people plus the number of older people per 100 workers
• D)average number of hours of work to feed a family of four

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Definitions:

Job-Order Costing System

An accounting system that accumulates costs by individual jobs or orders, used in manufacturing and service environments where each job is distinct.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on an estimate of total overhead costs and an allocation base.

Manufacturing Departments

Specific sections within a manufacturing facility where distinct stages of the production process are carried out, such as assembly or painting.

Machine-Hours

A measure of production output or work measurement based on the number of hours machines are operated.