Which of the Following Items Would NOT Be Classified as Part

question 98

Multiple Choice

Which of the following items would NOT be classified as part of factory overhead of a firm that makes sailboats?

• A)factory supplies used
• B)depreciation of factory buildings
• C)canvas used in sail
• D)indirect materials

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Definitions:

Legal Protection

Measures and regulations implemented by governments or organizations to safeguard the rights and properties of individuals, companies, or other entities.

Pure Competitors

Firms operating in a market where products are identical, and there are no barriers to entry, leading to many sellers and buyers.

R&D

Research and Development; activities undertaken by companies or governments in order to innovate and introduce new products or services.

Innovation

The process of creating new products, services, or methods that improve efficiency or provide new benefits.