In Mass Production, Each Customer Receives a Unique, One-Of-A-Kind Product

question 64

True/False

In mass production, each customer receives a unique, one-of-a-kind product.

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Definitions:

Direct Materials

The raw materials that are directly traceable to the manufacturing of a product and included in the cost of the product.

Direct Labor-Hours

The number of labor hours expended directly on the production floor by employees actively engaged in manufacturing processes.

Variable Overhead

Variable overhead are those operating costs that vary with levels of output or activity, including utilities, supplies, and certain labor costs.

Direct Material

Raw materials that can be directly traced to the manufacturing of a specific product and are a significant portion of the production cost.