The Most Likely Cost Driver of Direct Labor Costs Is

question 71

Multiple Choice

The most likely cost driver of direct labor costs is the ________.

• A) number of machine setups for the product
• B) number of miles driven
• C) number of production hours
• D) number of machine hours

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Definitions:

Stimulus Assimilation

The process by which individuals integrate new information into their existing knowledge or frameworks.

National Brand

A product brand that is marketed and recognized across an entire country.

Private Brand

also known as a store brand or own brand, is a product that is owned, produced, and sold exclusively by a particular retailer.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.