The First Step in Converting 30/50 = ?/200 to Higher

question 94

Multiple Choice

The first step in converting 30/50 = ?/200 to higher terms is to:

• A)Multiply 4 times 30
• B)Divide 200 by 50
• C)Divide 50 by 200
• D)Multiply 200 times 30
• E)None of these

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Definitions:

Direct Materials

The raw materials used in the manufacturing process of a product that are directly incorporated into the final product.

Raw Materials Inventory

Stocks of unprocessed materials that are used in the production process, awaiting use in manufacturing.

Factory Utilities

Costs associated with utilities consumed in the manufacturing process, such as electricity, gas, and water.

Cost of Goods Manufactured

The cost of goods manufactured refers to the total production cost of goods completed during a specific period.