Conversion cost does not include
a. direct labor.
b. direct material.
c. factory depreciation.
d. supervisors' salaries.
B
You might also like to view...
Coffee, tea, cotton, and tobacco are the main exports of Uganda. It is most likely that Uganda has a(n) ________ economy
A) subsistence B) marketing C) merchandise exporting D) raw material exporting E) industrializing
Section 1 of the Sherman Act allows for intangible properties to be sold in tying arrangements
Indicate whether the statement is true or false
Which of the following requires a formal journal entry?
A) selection of a new CEO B) stock dividend distribution C) stock split D) date of record
Sensitivity analysis on the economic order quantity (EOQ) formula can help the operations manager answer several questions on how to manage inventories. Which one of the following questions is NOT answered by EOQ sensitivity analysis?
A) How critical are errors in estimating demand (D), inventory holding cost (H), and setup cost (S)? B) What should happen to lot sizes if interest rates drop? C) What should happen to cycle inventory if the demand rate increases? D) What should happen to lot sizes if supply and lead-time uncertainty increase?