If You Are Writing Up Your Findings, Conclusions, and the Repairs

question 3

Multiple Choice

If you are writing up your findings, conclusions, and the repairs performed on a repair order, one thing to remember is that the information should be concise, yet:

• A) complete.
• B) concerning.
• C) extremely detailed.
• D) None of the answers listed

---

Definitions:

Direct Labor Cost

The total cost incurred by a company for the wages of workers who are directly involved in the manufacturing or production process.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overheads - in the cost of a product.

Variable Costing

An accounting method that only includes variable production costs (direct labor, direct materials, and variable manufacturing overhead) in product costs.

Unit Product Cost

The total cost (both variable and fixed) associated with producing a unit of product.