Examlex

Solved

Several Mining Companies in Europe Installed Hundreds of Wi-Fi Hotspots

question 49

True/False

Several mining companies in Europe installed hundreds of Wi-Fi hotspots in their coal mines.Information from drills and trucks is transmitted wirelessly to the control center,which increases both productivity and safety.


Definitions:

Variable Overhead Rate

The rate at which variable overhead costs are applied to units of production, based on an activity metric such as labor hours.

Fixed Manufacturing Overhead

Costs associated with manufacturing that do not vary with the level of production, such as salaries of managers and rent for the factory.

Cash Disbursements

The outflow of cash for expenses, investments, and other business activities as recorded in the entity's financial records.

Variable Selling

Costs that vary directly with the volume of sales, including commissions and shipping fees.

Related Questions