The Increase in Jobs That Are Part-Time, Sub-Contracted, Temporary in Nature

question 33

True/False

The increase in jobs that are part-time, sub-contracted, temporary in nature, occur at night, or offer irregular work schedules are called nonstandard work schedules.

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Definitions:

Machine-Hours

A unit of measure representing the cumulative number of hours a machine is operated within a specific time frame.

Activity Rate

A measure used to assign costs to cost objects, based on the activities that drive costs in an activity-based costing system.

Activity-Based Costing

A cost allocation method that spots activities inside an organization and apportions the costs of these activities to all products and services, according to how much they actually use.

Manufacturing Overhead

All manufacturing costs that are not directly related to individual products, including costs related to indirect labor, materials, and factory operations.