The Cost of Salaries Paid to Employees Who Work in a Factory

question 18

Multiple Choice

The cost of salaries paid to employees who work in a factory maintaining the heating system is considered:

• A)Direct labor.
• B)Indirect materials.
• C)Factory overhead.
• D)General and administrative costs.

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Definitions:

Forests

Large areas covered chiefly with trees and undergrowth, considered in economic terms as a resource for timber, recreation, and ecological benefits.

Elephants

Large mammals found in Africa and Asia known for their intelligence, long trunks, and large ears.

Private Property

The right of private persons and firms to obtain, own, control, employ, dispose of, and bequeath land, capital, and other property.

Interest Rates

The cost of borrowing money or the return on investment, usually expressed as a percentage.