Critical Thinkers Try to

question 171

Multiple Choice

Critical thinkers try to

• A)use anecdotes to support their arguments.
• B)settle arguments based on emotional convictions.
• C)identify unspoken assumptions.
• D)look for evidence that confirms their viewpoints.

---

Definitions:

Overapplied Overhead

An instance where the designated cost for manufacturing overhead surpasses the real overhead costs experienced.

Manufacturing Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and salaries of managerial staff, excluding direct labor and materials.

Finished Goods

Goods that are finished being made but haven't been purchased or sent out to buyers yet.

Total Costs

The complete accumulation of costs involved in the production, operation, or project completion, encompassing both fixed and variable costs.