Match Each Description with the Item Below

question 71

Multiple Choice

Match each description with the item below.
-Francis Cabot Lowell

• A)invented the telegraph
• B)invented the sewing machine
• C)with Boston Associates, formed the Boston Manufacturing Company
• D)earned a medical degree, a first of its kind
• E)was a piano maker and immigrant
• F)helped found schools to train teachers and promoted the idea of free public education
• G)was the first clipper ship
• H)improved the steel plow, thereby making it possible to farm the Great Plains
• I)was the first commercial steamboat, built by Robert R. Livingston and Robert Fulton
• J)was a Jewish tailor who made work pants during the gold rush and would become the origin story of a major brand
• K)was a famous composer whose song "Oh! Susanna" emerged as a national favorite

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Definitions:

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as materials and direct labor.

Unit Product Cost

The overall expense incurred in manufacturing a single product unit, encompassing material, workforce, and indirect costs.

Variable Selling Cost

Costs that change in proportion to the volume of goods sold, such as commissions or shipping charges.

Financial Advantage

The benefit gained in financial terms, often seen as increased profits, cost savings, or return on investment.