What Is the Process of Moving Merchandise Through the Channel

question 12

Multiple Choice

What is the process of moving merchandise through the channel from the customer to the store to the DC to the vendor?

• A)return logistics
• B)reverse logistics
• C)outbound returns
• D)outbound flow
• E)reverse flow

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders, based on a particular activity base.

Machine-Hours

A measure of production time used in cost accounting, representing the number of hours that machinery is in operation during a given period.

Overhead Applied

The allocation of indirect costs to specific cost objects, such as products or services, based on a predetermined overhead rate.

Direct Labor-Hours

The total hours worked directly on a product by employees.