Using the VRG Database as an Example,briefly Describe What a Final

question 62

Essay

Using the VRG database as an example,briefly describe what a final database design consists of.

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Definitions:

Work in Process Inventory

Represents the cost attributed to partially completed goods, which are still being manufactured.

Payroll Payable

Liabilities for wages owed but not yet paid to employees for work performed within a defined period.

Estimated Overhead Application Rate

A calculation used to estimate the amount of overhead to allocate to each unit of production or service, based on a pre-determined base.

Raw Materials

The basic, unprocessed inputs used in manufacturing to produce finished goods.