The Document That Captures the Total Amount of Time That

question 57

Multiple Choice

The document that captures the total amount of time that individual workers spend on each production job is called a

• A)time card
• B)job ticket
• C)personnel action form
• D)labor distribution form

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Definitions:

Variable Costs

Expenses that directly fluctuate according to the volume of production or sales.

Labour Cost

is the total expenditure incurred by employers to compensate their employees, including wages, benefits, and taxes.

Raw Materials

Basic materials used in the production process of manufacturing goods, usually transformed into finished products.

Fixed Costs

Expenses that do not change with changes in the volume of production or services provided.