Classify Each of the Following Costs as Unit-Level (U), Batch-Level

question 46

Essay

Classify each of the following costs as unit-level (U), batch-level (B), product-level (P), or facility-level (F) costs and identify an appropriate example of a possible cost driver for each item:
(1) Parts administration
(2) Production scheduling
(3) Materials handling
(4) Machine operations
(5) Personnel administration and training
(6) Plant security
(7) Machine setups
(8) Engineering changes
(9) Product design
(10) Rent for factory plant

Know the healthcare payment systems like Diagnosis-Related Groups (DRG) and Inpatient Prospective Payment System (IPPS), and understand their significance in coding.

Understand the scale of agricultural sales in the U.S. and identify the contribution of large farms.

Recognize the socio-economic impacts of World War II on housing and urban development in the U.S.

Comprehend the economic mobilization and the percentage of national output devoted to World War II.

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Definitions:

Jim Crow Laws

Racial segregation laws enacted in the Southern United States after the Civil War, legally enforcing discrimination against African Americans until the mid-20th century.

GI Bill Of Rights

U.S. legislation passed in 1944 to provide benefits to World War II veterans, including funding for education, home loans, and unemployment benefits.

Bretton Woods Conference

International meeting held in the town of Bretton Woods, NewHampshire, in 1944 in which participants agreed that the American dollar would replace the Britishpound as the most important international currency. The conference also created the World Bank andInternational Monetary Fund to promote rebuilding after World War Ⅱ and to ensure that countriesdid not devalue their currencies.

Financial Leader

An individual or entity recognized for their influence and innovation in the financial sector, including banking, investments, and economic policy.