The Term Life ______ Refers to the Maximum Number of Years

question 63

Multiple Choice

The term life ______ refers to the maximum number of years that a species lives, reflecting its genetic inheritance.

• A) length/expectancy
• B) span
• C) limit
• D) potential

---

Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the period begins based on estimated costs and activity levels.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead to individual jobs or units based on a consistent formula.

Machine-Hour

A unit of measure representing the operation of a machine for one hour, often used in allocating manufacturing overhead costs.

Variable Overhead

Costs of overhead that vary with the level of production activity, such as utilities for machinery or materials handling expenses.