Write the Phrase as a Mathematical Expression

question 64

Multiple Choice

Write the phrase as a mathematical expression. Use x as the variable.
-One-third of a number added to the difference of the number and 7

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Definitions:

Direct Materials Cost

The cost of raw materials and components that are directly used in the manufacture of a product.

Traditional Costing

A costing methodology that allocates overhead costs based on a single, volume-based cost driver, often used in less complex manufacturing environments.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities related to production.

Production Orders

Instructions or commands produced to initiate the manufacture of a specific quantity of goods at a specified time.