The Earned Value Rule That Divides the Actual Task Time-To-Date

question 24

Multiple Choice

The earned value rule that divides the actual task time-to-date by the scheduled time for the task to calculate percent complete is called the __________ rule.

• A)50-50
• B)0-100 percent
• C)critical input use
• D)proportionality

---

Definitions:

Direct Labor Hours

The total hours worked by employees who are directly involved in the manufacturing or production process.

Machine Hours

Machine hours refer to the total time that a machine is operated during a specific period, often used as a basis for allocating manufacturing overhead costs in cost accounting.

Units of Production

A method of depreciation that allocates the cost of an asset over its useful life based on the number of units it produces.

Departmental Overhead Rates

Specific overhead rates calculated for each department within a company, facilitating more accurate cost allocation.