All of the Following Are Possible Benefits of New Technology

question 63

Multiple Choice

all of the following are possible benefits of new technology except it allows us:

• A) to learn more
• B) to participate more fully in the political process
• C) to work from home
• D) more time with friends and family

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Definitions:

Overapplied

A situation where the allocated amount of indirect costs exceeds the actual amount incurred.

Underapplied

A situation where the applied manufacturing overhead is less than the actual manufacturing overhead incurred, indicating that the costs have not been fully allocated.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate overhead costs to products or job orders based on a chosen activity base.

Direct Labor-Hours

The total hours worked by employees directly involved in the production of goods or provision of services.