Factory Overhead Costs Normally Include All of the Following Except

question 153

Multiple Choice

Factory overhead costs normally include all of the following except:

• A) Indirect labor costs
• B) Indirect material costs
• C) Selling costs
• D) Factory machinery oil
• E) Factory rent

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Definitions:

Hot Springs

Natural pools of water heated by geothermal activity beneath the Earth's surface.

Gold Ore

A type of rock that contains sufficient minerals with important elements including gold; the ores are extracted through mining.

Caldera

A broad volcanic depression, generally the result of a substantial eruption followed by the fall-in of the volcano's opening.

Banded Iron Formations

Layers of iron-rich minerals alternated with silica or chert, deposited in marine environments over 2.5 billion years ago and are important iron ore sources.