During the Month of August, Direct Labor Cost Totaled $13,000

question 74

Multiple Choice

During the month of August, direct labor cost totaled $13,000 and direct labor cost was 20% of prime cost. If total manufacturing costs during August were $88,000, the manufacturing overhead was:

• A) $75,000
• B) $23,000
• C) $65,000
• D) $52,000

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Definitions:

Cultures

The shared values, practices, and social behaviors of particular groups, communities, or societies, often distinguished by tradition, language, and collective identity.

Metric System

An international decimal system of weights and measures based on the meter for length and the kilogram for mass.

International Trade

The exchange of goods, services, and capital across international borders, facilitating global economic activity.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, celebrating differences in traditions, languages, and values.