Which Term Describes the Ability of a Material to Retain

question 13

Multiple Choice

Which term describes the ability of a material to retain its magnetism after being removed from the magnetizing influence?

• A) residual magnetism
• B) retentivity
• C) permeability
• D) magnetic saturation

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Definitions:

Predetermined Overhead Rate

An estimated charge per activity unit used to assign overhead costs to products or services, calculated before the period begins.

Direct Labor-Hours

The sum of hours contributed by workers directly participating in creating goods or offering services.

Overapplied Overhead

A situation where the allocated manufacturing overhead cost is more than the actual overhead cost incurred.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, calculated before the accounting period begins based on estimated costs and activity levels.