Using Factory Utilities Would Most Likely Be Classified as a ________

question 248

Multiple Choice

Using factory utilities would most likely be classified as a ________ cost.

• A)unit-level
• B)batch-level
• C)facility-level
• D)product-level

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Definitions:

Sole Proprietorship

A business structure where a single individual owns and operates the business, bearing full responsibility for its assets and liabilities.

Limited Liability

A legal structure that limits the financial liability of the owners to the amount they invested in the company, protecting personal assets from business debts and obligations.

Franchises

A business model that allows individuals to operate their own outlets using the branding, products, and operational knowledge of an established company.

Franchisees

Individuals or entities that acquire the rights to operate a business under a franchisor's brand and system.