Downtime Refers to Periods of Time in Which a

question 154

Multiple Choice

Downtime refers to periods of time in which a

• A)computer system is malfunctioning.
• B)computer system is not operational.
• C)corporation or organization is not operational.
• D)computer is not online.

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Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to individual units of product based on a specific costing activity.

Direct Materials Cost

Direct materials cost refers to the expenditure associated with the raw materials used directly in manufacturing a product.

Direct Materials

Materials that are directly used in the manufacture of end products.

Direct Labor

Wages paid to employees who are directly involved in the production of goods or services.