Given That 1 in = 2

question 35

Multiple Choice

Given that 1 in = 2.54 cm, which of the following is true?

• A)1 in² = 2.54 cm²
• B)1 in² = 5.08 cm²
• C)1 in² = 6.45 cm²
• D)1 in² = 1.27 cm²
• E)None of these.

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Definitions:

Total Manufacturing Costs

The aggregate cost of direct material, direct labor, and manufacturing overhead incurred in producing goods.

Operating Expenses

Operating expenses consist of the costs related to a company's primary operational activities, excluding costs associated with manufacturing or production.

Factory Utilities

Expenses related to services like electricity, water, and gas utilized in the manufacturing process.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a specific product and included in its cost.