Use the Following Information for Questions

question 132

Multiple Choice

Use the following information for questions
Oxnard Industries produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is .3 pounds and .1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $.10 per pound, and receiving and handling costs are $.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is .2 hours and .1 hours, respectively.
-The standard direct materials quantity per unit is

• A) 2.6 pounds.
• B) 2.7 pounds.
• C) 2.9 pounds.
• D) 3.0 pounds.

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Definitions:

Collaborative Conversation

A dialogic process where two or more individuals engage in discussion to share knowledge, solve problems, or make decisions jointly, emphasizing partnership and mutual respect.

Written Assessment

A method of evaluating knowledge, skills, or abilities through written responses to questions or tasks.

Role Flexibility

Role flexibility refers to the ability of an individual or organization to adapt to different roles or functions as circumstances require.

Post-enslavement

The historical period or conditions experienced by individuals or communities after being liberated from slavery.