Which of the Following Manufacturing Costs Is Assigned to Products

question 88

Multiple Choice

Which of the following manufacturing costs is assigned to products in a traditional and JIT environment using direct tracing?

• A) direct materials
• B) direct labor
• C) operating supplies
• D) both a and b

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Definitions:

Medicare

A federal health insurance program in the United States primarily for people 65 years of age and older, as well as for some younger individuals with disabilities.

Medicaid

A government-funded program in the United States that provides health coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses the insured for expenses incurred from illness or injury.

Terminally Ill

A medical condition that is severe and incurable, leading inevitably to death, often involving significant pain and suffering.