As a Result of the Peace of Westphalia of 1648

question 6

Multiple Choice

As a result of the Peace of Westphalia of 1648

• A)the German population was to be converted to Catholicism.
• B)all German states could choose their own religions, except for Calvinism.
• C)German states were allowed to determine their religion.
• D)the institution of the Holy Roman Empire was to be the ruling force in Germany for the next 100 years.
• E)the Holy Roman Empire was dismembered.

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Definitions:

Predetermined Overhead Rate

A rate used to apply manufacturing overhead to products or job orders, calculated before the period begins based on estimated costs and activity levels.

Work in Process Inventory

is the account for materials and labor costs for products that are in the process of being manufactured but are not yet complete.

Direct Labor Cost

The expenses related to employees who directly manufacture a product or deliver a service, such as wages for factory workers.

Job Order System

An accounting system that tracks costs individually for each job, suitable for manufacturing processes that differ significantly from job to job.