All are classified under direct labor expenses EXCEPT one. Which one ?

Related Mcqs:

“When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the______________?

A. Law of diminishing return B. Law of supply C. Law of demand D. Law of supply and demand...

A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period ?

A. 5,937.50 B. 5,873.20 C. 5,712.40 D. 5,690.12...

A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment ?

A. 3.0% B. 3.4% C. 3.7% D. 4.0%...

The functional depreciation is sometimes called ____________________?

A. Demand depreciation B. Adolescence C. Life depreciation D. Failure depreciation...

What is an accounting term that represents an inventory account adjustment ?

A. Cost of goods sold B. Cost accounting C. Standard cost D. Overhead cost...