The Level of Technology Chosen May Be

question 22

Multiple Choice

The level of technology chosen may be:

• A) all of B, C, and
• B) intermediate technology.
• C) capital-intensive.
• D) labor-intensive.
• E) two of B, C, and D.

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Definitions:

Direct Materials

The raw materials that are directly traceable to the manufacturing of a product.

Direct Labour

The workforce directly involved in producing goods or delivering services, whose costs are directly attributable to the products or services.

Manufacturing Overhead

All manufacturing costs except direct materials and direct labor.