A Disadvantage of Injection Molding Is That ____

question 10

Multiple Choice

A disadvantage of injection molding is that ____.     

• A) it has low output rates
• B) molding machines are costly
• C) fillers and inserts cannot be used
• D) only one material may be injection molded

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Definitions:

FIFO Method

An inventory valuation method that assumes the first items placed in inventory are the first sold, standing for "First-In, First-Out."

Inventory Valuation

Inventory valuation is the cost associated with an entity's inventory at the end of a reporting period, affecting the cost of goods sold and the inventory balance on the balance sheet.

Interim Financial Report

A financial statement reporting a corporation's performance over a period shorter than a fiscal year, usually quarterly.

Net Income

The financial metric representing the company's profit calculated by removing all relevant expenses from its total revenue.