Manufacturing Overhead Includes

question 174

Multiple Choice

Manufacturing overhead includes:

• A) all direct material, direct labor and administrative costs.
• B) all manufacturing costs except direct labor.
• C) all manufacturing costs except direct labor and direct materials.
• D) all selling and administrative costs.

---

Definitions:

Black Market

An illegal trade where goods or services are sold without the authorization of the government, often in violation of price controls or rationing.

Bookstore

A retail outlet specializing in the sale of books, often offering a selection of related goods such as magazines, music, or stationery.

Diploma Covers

Protective and decorative holders for diplomas or certificates, often used during graduation ceremonies or as a display method.

Optimal Order

An optimal order refers to the most efficient, cost-effective quantity of items to purchase or produce that minimizes total costs including ordering, holding, and shortage costs.