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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Congress of Racial Equality (CORE), Freedom rides
Standard Costs
A predetermined cost of manufacturing, distributing, or selling products or services, which is used for budgeting and assessing performance.
Manufacturing Overhead
The indirect costs associated with manufacturing, not directly assignable to a specific product, such as factory rent, utilities, and equipment maintenance.
Cash Account
An account that records cash transactions, including cash received and cash paid out, within a business.
Direct Labor
The wages of employees who are directly involved in the production of goods or delivery of services.
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