If an Inventory Item Has a Base Cost to the Company

question 150

Multiple Choice

If an inventory item has a base cost to the company of $50, and requires three hours of labor at $15/hr. to be turned into a salable item, the value of that piece of inventory is at least:

• A)$65.
• B)$165.
• C)$95.
• D)$45.

---

Definitions:

Chemicals

Substances used in or produced by chemical processes, which are essential to modern life but can also be hazardous if not managed properly.

Neural Tube Defect

A type of birth defect affecting the brain, spine, or spinal cord, occurring in the early stages of pregnancy due to the neural tube not closing completely.

Folic Acid

A form of vitamin B9 that is essential for the production of healthy red blood cells and is particularly important during periods of rapid growth such as pregnancy.

Supplement

A product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to supplement one's diet and are not considered food.