1,440 Is 120% of ________

question 28

Multiple Choice

1,440 is 120% of ________:

• A)120
• B)1,200
• C)12,000
• D)1,728
• E)None of these

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Definitions:

Customized Production

A manufacturing process in which products are designed and produced to meet specific customer requirements.

Target Cost

A pricing strategy that involves determining the desired cost for a product in order to meet a specified profit margin by working backwards from a competitive market price.

Job Costing

A cost accounting method used to track the costs associated with producing individual jobs, allowing businesses to estimate profitability on a per-job basis.

Direct Costs

Expenses that can be directly attributed to the production of specific goods or services, such as raw materials and labor.