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Performance is related to three factors by the equation P = M + A + E.Match each of the following descriptions with the term in the equation it most clearly embodies.
a.Although Fabio wants to do well as an accountant, he's just not very good with numbers.
b.Fabio has a strong desire to do well as an accountant.
c.Although Fabio wants to do well as an accountant, he doesn't get very much support from his co-workers or manager.
-A
Direct Materials
Raw materials that can be directly traced to the manufacturing of a product and are an essential component of the finished product.
Direct Labor
The cost of workers who are directly involved in producing goods or providing services.
Manufacturing Overhead
All indirect costs associated with manufacturing, excluding direct materials and direct labor.
Merchandising
The activities involved in promoting and selling products, often used in retail to refer to the purchase of goods for resale.
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