The Increase in Automobile Ownership Was Largely Made Possible by

question 10

Multiple Choice

The increase in automobile ownership was largely made possible by

• A) Government subsidies to car companies
• B) Education provided by the GI Bill
• C) Cheaper gas prices
• D) Massive highway construction funded by the federal government

---

Definitions:

Manufacturing Overhead

All indirect costs associated with the production process, including costs of indirect materials, indirect labor, and other indirect expenses.

Direct Labor-Hours

The cumulative hours employees dedicate to directly participating in the creation of a product or the provision of a service.

Overhead Rate

The ratio used to allocate overhead costs to products or services, often based on direct labor hours or costs.

Direct Labor

The cost of wages, salaries, and benefits for employees directly involved in the production of goods or services.