Manufacturing costs that cannot be classified as either direct materials or direct labor are known as

a. period costs.
b. nonmanufacturing costs.
c. selling and administrative expenses.
d. manufacturing overhead.

Answer: d. manufacturing overhead.

Business

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When ________ is of importance in decision making, group decisions are preferred to individual decisions

A) acceptance of solution B) speed C) efficiency D) clear responsibility E) legitimacy

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For continuous numerical unimodal data, the mean is usually less than the median in a skewed-left distribution, and greater than the median in a skewed-right distribution

Indicate whether the statement is true or false

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