How Much Time a Month Does the Average Person Spend

question 68

Multiple Choice

How much time a month does the average person spend using the Facebook app on mobile devices?

• A) about 3 hours
• B) about 10 hours
• C) about 13 hours
• D) about 23 hours

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Definitions:

Equivalent Units

A measure used in cost accounting to express the amount of work done on partially finished goods as a proportion of finished goods.

Conversion Cost

The direct costs of converting raw materials into finished products, including labor and manufacturing overhead.

Total Materials Costs

The combined cost of direct materials and any indirect materials used in the manufacturing process.

Equivalent Units

A term used in cost accounting to express the amount of work completed in terms of fully finished units.