The VA Will Guarantee Loans on the Following Properties

question 8

Multiple Choice

The VA will guarantee loans on the following properties:

• A) mobile homes
• B) townhomes
• C) both a and b
• D) none of the above

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Definitions:

Direct Labor-Hours

Overall hours employees spend directly involved in the fabricating process.

Variable Overhead

Overhead costs that fluctuate with the level of production activity, such as utilities or indirect materials.

Direct Materials

Raw materials that are directly attributable and allocable to a finished product in the manufacturing process.

Direct Labor-Hours

The total hours worked directly on the manufacturing of goods.