-Using the Data in the Above Table, What Is the Average

question 107

Multiple Choice

-Using the data in the above table, what is the average product of three employees?

• A) 12 pizzas per hour.
• B) 4 pizzas per hour.
• C) 3 pizzas per hour.
• D) 2 pizzas per hour.

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Definitions:

Finished Goods Inventory

Inventory of finished goods available for sale but not yet purchased.

Raw Materials Production

The process involved in generating or extracting the basic materials that are subsequently processed to become components or products.

Production Budget

An estimate of the cost to manufacture a set of products in a specified period.

Raw Materials Inventory

The value of all the materials that are yet to be used in manufacturing.