Which of the Following Is an Example of Direct Labor

question 91

Multiple Choice

Which of the following is an example of direct labor cost for an airplane manufacturer?

• A) Cost of oil lubricants for factory machinery
• B) Cost of wages of assembly worker
• C) Salary of plant supervisor
• D) Cost of jet engines

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Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to make available.

Saving

The portion of income not spent on consumption or taxes, typically put aside for future use or investment.

Loanable Funds

Financial resources available for borrowing, consisting of the savings of individuals, businesses, and the government.

Saving

The process of setting aside a portion of current income for future use or for investment.