On January 4th, Stevens Manufacturing Received an Order for 30

question 95

Multiple Choice

On January 4th, Stevens Manufacturing received an order for 30 uniforms.The following information pertained to that order. Calculate the manufacturing cycle time.

• A)500 hours
• B)507 hours
• C)502 hours
• D)505 hours

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Definitions:

Variable Costs

Costs that fluctuate in direct relation to the level of production or volume of operations in a business.

Fixed Costs

Costs that remain constant and do not change based on the volume of goods or services a business produces.

Required Sales

The amount of sales a company needs to achieve in order to cover its costs and reach a desired level of profit.

Net Income

The company's earnings following the deduction of all taxes, expenses, and costs from its total revenue.