The Repartimiento

question 73

Multiple Choice

 The repartimiento

• A)gave workers the right not to work in mines.
• B)punished Spanish officials who abused workers.
• C)imprisoned any Amerindian who would not convert.
• D)did little to alleviate labor abuses.
• E)eliminated the import of African labor.

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Definitions:

Standard Cost

A predetermined cost of manufacturing, delivering, or producing goods under normal conditions.

Standard Cost System

An accounting system that estimates the cost of products in advance, using standard rates for materials and labor.

Direct Labor-Hours

The hours worked by employees directly involved in manufacturing goods, which is used as a basis for assigning labor costs to products.

Fixed Manufacturing Overhead

The portion of total manufacturing overhead costs that remains constant regardless of the level of production or activity volume.