_____ includes payroll taxes,retirement funds,group health insurance,and repairs and maintenance.
A) Distribution costs-fixed
B) Direct labor-variable
C) Materials overhead-variable
D) Materials overhead-fixed
E) Production overhead-variable

Question

Quizplus · Accepted Answer

Production overhead typically includes all indirect costs associated with the production process, such as payroll taxes, retirement funds, group health insurance, and repairs and maintenance. These costs are not directly tied to production volume and can vary, but are considered part of the overall cost of maintaining the production capability.

_____ Includes Payroll Taxes,retirement Funds,group Health Insurance,and Repairs and Maintenance