Which of the Following Is an Example of a Human

question 81

Multiple Choice

Which of the following is an example of a human factor to be considered when choosing a location for a production facility?

• A)Availability of transport alternatives
• B)Community living conditions
• C)Hazardous wastes
• D)Water supply

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Definitions:

High-Low Method

A technique used in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Variable Lubrication Cost

pertains to lubrication expenses that vary with the level of machinery operation or production volume.

Machine Hours

A measure of the total time that production equipment operates within a specific period.

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted, indicating how much contribution towards covering fixed costs and generating profit.