Electra Wants to Purchase a Laptop for Use in Her

question 49

Multiple Choice

Electra wants to purchase a laptop for use in her MBA program so she can work on assignments and surf the web while the professor drones on endlessly.After consulting with her colleagues,she chooses the dimensions of cost,weight,processor speed,and touchscreen capability as critical to her long term success and amusement.She evaluates four different laptops and rates their performance on each criterion on a scale from 1 (poor) to 5 (excellent) .Which laptop should Electra purchase?

• A) Sir Face
• B) Toybook Air
• C) Knockoff
• D) High Priced

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Definitions:

Raw Materials Inventory

Stocks of unprocessed materials that are used in the production process, awaiting use in manufacturing.

Factory Utilities

Costs associated with utilities consumed in the manufacturing process, such as electricity, gas, and water.

Cost of Goods Manufactured

The cost of goods manufactured refers to the total production cost of goods completed during a specific period.

Direct Labor

The wages or costs associated with employees who are directly involved in the production of goods or services.