Wages paid to the supervisor of the warehouse where raw materials and parts are temporarily stored before being used in production is considered an example of: Direct Labor Period Cost A) Yes Yes B) Yes No C) No Yes D) No No

The correct answer is letter D

The term refers to the application to something, it means to generate profit.

The production process involves a series of steps and factors that, combined, satisfy the needs of society as demand for goods and services occurs. These are factors such as land, which provides natural resources, the human effort dedicated to the creation of a certain product or service and capital, which represents the set of goods that serves both to increase the process of producing the product and for its consumption. .

The activities that are directly linked to the production process are located in the branches of industry, commerce, agriculture and transport.

Production is also related to the difference between the volume of what is produced in relation to the goods consumed, as it is what determines the added value to these resources, indicating whether or not there will be profit for the commercial organization.

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