___________ Convey the Freight Terms and Act Both as a Contract

question 49

Multiple Choice

___________ convey the freight terms and act both as a contract for carriage and a receipt for delivery.

• A) Shipping orders
• B) Bills of trucking
• C) Bills of lading
• D) Freight bills
• E) Purchase orders

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Definitions:

Allocation Base

A criterion or standard used to distribute overhead costs among various cost objects.

Direct Labor Dollars

The total cost of wages paid to workers directly involved in manufacturing or producing a company's products.

Fabrication Department

The division within a manufacturing company responsible for constructing and assembling the products or components.

Direct Labor Hours

The total number of hours worked by employees directly involved in producing goods or providing services.