All of the Following Is True of the Home Front

question 49

Multiple Choice

All of the following is true of the home front in the United States except

• A)the Great Depression continued, although the worst effects of it were alleviated.
• B)massive amounts of government money financed new industries.
• C)the chemicals and electronics industries developed significantly.
• D)the government created a new Office of Scientific Research and Development.
• E)traditional social mores often broke down in the transformation of small towns into big cities.

---

Definitions:

Finished Goods Inventory

Merchandise completed in production and set to be offered to shoppers.

Predetermined Overhead Rate

A predetermined overhead rate is used to allocate indirect costs to products or services based on a predetermined formula.

Manufacturing Overhead

All indirect costs related to the manufacturing process, such as salaries of supervisors, rent of the factory, and utilities, which cannot be directly traced to specific units produced.

Work in Process

Inventory that includes goods that are in the process of being produced but are not yet completed.