The standard cost for blank______ manufacturing overhead is computed the same way as the standard cost for direct labor. multiple choice question. both variable and fixed variable fixed
The standard cost for blank variable manufacturing overhead is computed the same way as the standard cost for direct labor.
What is manufacturing?
Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
It is the core of the economy's secondary sector.
The phrase can be used to describe a variety of human endeavors, from handicraft to high-tech, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from the primary sector into completed commodities.
What part does production play?
The significance of manufacturing: It serves as the foundation for trial growth.
By offering employment opportunities in the secondary sector, it aids in reducing people's reliance on the primary sector.
Trade in manufactured goods generates much-needed foreign currency.