Match Each Description to the Appropriate Term (A-D)

question 141

Essay

Match each description to the appropriate term (a-d).
a)Direct materials
b)Selling and administrative expense
c)Factory overhead
d)Direct labor
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Definitions:

Dividends Declared

A company's announcement of a forthcoming dividend payment to its shareholders.

Earnings Per Share

A financial metric indicating the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of a company's profitability.

Net Income

The final profit figure for a company after subtracting all operational expenses, taxes, and costs from the gross revenue.

Cumulative Preferred Stock

A type of preferred stock where dividends accrue if not paid in a given year and must be paid out before any dividends can be distributed to common stockholders.