Fibrous-Glass-Reinforced Thermoplastics, Available in Sheet Form, May Be Cold Formed

question 19

Multiple Choice

Fibrous-glass-reinforced thermoplastics, available in sheet form, may be cold formed in the same manner as metals and may someday replace stamped steel in the ____ industry.

• A) aeronautic
• B) automotive
• C) steel beam
• D) construction

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Definitions:

Fixed Manufacturing Overhead

Costs that do not change with the level of production activity, such as salaries of managers, depreciation of factory equipment, and utility costs of the factory.

Absorption Costing

A product costing technique that assigns all costs of production (both variable and fixed) to the product, including overheads, to calculate its full cost.

Fixed Manufacturing Overhead

Costs that remain constant in total within manufacturing operations, regardless of the level of production, such as factory rent or salaries of permanent staff.

Traceable Fixed Expenses

Fixed costs that can be directly linked to a specific cost object, such as a department or product.