How much is the cost of goods manufactured?
Vermont State, Inc. used $153,000 of direct materials and incurred $63,000 of direct labor costs
during the year. Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other
operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of
$53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending
finished goods inventory, but Work-in-Process inventory began the year with a $5000 balance and ended
the year with a $7400 balance.
A) $12,400
B) $1,003,400
C) $1,010,800
D) $1,005,800
B) $1,003,400
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Indra K. Nooyi is chief executive of:
A) Nissan Motor (Japan). B) PepsiCo (USA). C) Ford Motor Company (USA). D) Pharmacia Corporation (USA). E) Atlas Copco AB (Sweden).
Which of the following is when storming occurs and the team performance may actually decline for an extended period of time?
A. potential team B. real team C. pseudoteam D. high-performing team
Compared to blending and product mix problems, transportation problems are unique because:
A) they maximize profit. B) the constraints are all equality constraints with no "?" or "?" constraints. C) they contain fewer variables. D) the solution values are always integers.
Things such as radio towers, bridges, and water filtration plants are not real property
Indicate whether the statement is true or false