A Prototype Is

question 83

Multiple Choice

A prototype is:

• A) the cognitive representation of the typical/ideal defining features of a category.
• B) an idealised representation of a group member.
• C) an agreed specimen as a yard stick for selecting new group members.
• D) a technical invention not yet gone into production.

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Definitions:

Work in Process Inventory

Goods that are in the process of being manufactured but are not yet complete.

Direct Materials Used

Direct Materials Used are the raw materials that are directly incorporated into a finished product in the manufacturing process, constituting a significant part of the production cost.

Actual Overhead

The real costs incurred in the running of a business, excluding direct labor and direct materials.

Direct Materials Costs

The expense of raw materials and components that are directly incorporated into a finished product.