LaToya Creates Computerized Gantt and PERT Charts to Route and Schedule

question 48

Multiple Choice

LaToya creates computerized Gantt and PERT charts to route and schedule operations and to keep overall operations on schedule.This demonstrates which level of specialized control?

• A)Inventory control
• B)Production control
• C)Quality control
• D)Budgetary control

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Definitions:

Absorption Costing

A costing technique that incorporates the total manufacturing expenses such as direct materials, direct labor, along with both variable and fixed overheads, into the pricing of a product.

Variable Costing

A costing method that includes only variable manufacturing costs - direct materials, direct labor, and variable manufacturing overhead - in the cost of a product.

Unit Product Cost

The total cost associated with producing one unit of a product, including direct materials, direct labor, and allocated overhead.

Net Operating Income

A business's income after deducting operating costs, not including taxes or interest.