Processes Are

question 54

Multiple Choice

Processes are:

• A) the manner in which decisions are made and work is performed within the organization.
• B) the metrics used to measure the performance of subunits.
• C) the devices used to reward appropriate managerial behavior.
• D) the metrics used to make judgments about how well managers are running the subunits.
• E) the norms and value systems that are shared among the employees of an organization.

---

Definitions:

Fixed Manufacturing Overhead

The consistent, non-variable costs associated with manufacturing products, such as salaries and rent for factory premises.

Direct Labor Costs

Costs that are directly associated with the production of goods, such as wages paid to manufacturing staff.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual jobs or products based on a specific activity base.

Fixed Manufacturing Overhead

Manufacturing overhead costs that remain constant regardless of the level of production or activity volume.