Which of the following is the formula used to compute product unit cost?
A) (Direct Materials + Direct Labor) / Number of Units Produced
B) (Direct Materials + Direct Labor + Overhead) / Number of Units Produced
C) (Direct Labor + Overhead) / Number of Units Produced
D) (Indirect Materials + Indirect Labor + Overhead) / Number of Units Produced
B
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You are comparing three companies that use different depreciation methods. Which of the following would help you the most in making a comparison of the companies?
a. The average earnings per share for the quarter. b. Prospective cash receipts. c. Claims to resources. d. Disclosure of accounting policies.
External logistics systems refer to ______.
a. the collection, transportation, and distribution of goods between suppliers and the plant b. the flow of raw materials between steps in the manufacturing process c. the dispatch of goods from plant to quality control center d. the collection, transportation, and distribution of goods between different work stations inside one manufacturing facility
The brand development index (BDI) uses information regarding the product category in the numerator to understand the potential for development of the total product category.
Answer the following statement true (T) or false (F)
Value-chain analysis assumes that the basic economic purpose of a firm is to create value, and it is a useful framework for analyzing the strengths and weaknesses of the firm.
Answer the following statement true (T) or false (F)