The Following Sentences Form a Paragraph

question 16

Multiple Choice

The following sentences form a paragraph. Select the correct noun for each blank. He made history in so doing but also created a ____ in sports.

• A) crises
• B) crisis

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Definitions:

Machine Hours

A measure of the amount of time a machine is used during a specified period, often used as a basis for allocating machine-related costs to products.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual products or job orders, calculated before a period begins based on estimated overhead costs and activity levels.

Manufacturing Overhead Application Rate

A rate used to allocate manufacturing overhead costs to products based on a predetermined activity base, such as labor hours or machine hours.

Direct Labor Dollars

The cost of labor that can be directly attributed to the production of goods or services.