Which of the following is included in the work in process account?

A) manufacturing overhead
B) direct labor cost
C) cost of raw materials used in production
D) All of these answer choices are included in the work in process account.


D

Business

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Answer the following statements true (T) or false (F)

1. Poka-yokes were developed by the Japanese quality improvement expert, Shigeo Shingo. 2. Control poka-yokes occur before an error is made. 3. There are three types that warning or control poka-yokes can be: contact, fixed values, or motion step. 4. In a cross-functional organization, employees always report to more than one person.

Business

If a business operates in an industry that does not experience significant cost changes, should the business prepare its production cost report using the FIFO method or the weighted-average method?

Explain your answer.

Business

Discrimination laws do not necessarily protect workers against adverse action based on the identity of the person they married.

Answer the following statement true (T) or false (F)

Business

What is supply chain visibility?

A. Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory. B. Enables viewing of all areas up and down the supply chain in real time. C. Ensures supply chain cohesion by automating the different activities of the supply chain. D. Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Business