The Cost of a Manufactured Product Generally Consists of Which

question 151

Multiple Choice

The cost of a manufactured product generally consists of which of the following costs?

• A) direct materials cost and factory overhead cost only
• B) direct labor cost and factory overhead cost only
• C) direct labor cost, direct materials cost, and factory overhead cost
• D) direct materials cost and direct labor cost only

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Definitions:

Milk Run

A routing strategy where a single transportation vehicle visits multiple locations on a predefined route to pick up or deliver goods, maximizing efficiency and reducing transportation costs.

Truckload Shipment

The transportation of goods where the quantity is sufficient to fill an entire truck, maximizing the vehicle's cargo capacity.

Less Than Truckload

A shipping method for transporting small freight loads that do not require the full space of a truck.

Demand Information

Data regarding current and future customer demand that is used for planning and optimizing supply chain activities.