A Work Center Produces 120 Units in a Shift

question 12

Multiple Choice

A work center produces 120 units in a shift. THe standard for that item is 100 units a shift. What is the efficiency of the work center?

• A) 1.2%
• B) 100%
• C) 120%
• D) 80%

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, with holders typically having voting rights and receiving dividend payments.

Repurchase

The action of buying back previously sold shares or goods, often by the company that issued or sold them initially.

Cash Dividends

Distributions of a corporation's earnings to shareholders in the form of cash.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with dividends that are paid out before those to shareholders of common stock.