In the Cost Classification System Used by Manufacturing Firms,total Manufacturing

question 135

Multiple Choice

In the cost classification system used by manufacturing firms,total manufacturing costs would include all of the following EXCEPT:

• A)prime costs and manufacturing overhead costs.
• B)direct materials costs,direct manufacturing labour costs,and manufacturing overhead costs.
• C)direct materials costs and conversion costs.
• D)indirect materials costs,indirect manufacturing labour costs,and manufacturing overhead costs.

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Definitions:

Types

Categories or classifications based on common characteristics or attributes, used to organize a wide range of entities, including objects, individuals, and concepts.

9, 9 Style

A leadership approach in the managerial grid model that emphasizes high concern for both production and people, aiming for maximum performance and engagement.

Blake and Mouton

Refers to the Blake and Mouton Managerial Grid, a model used to assess and analyze managerial behavior focusing on two dimensions: concern for people and concern for production.

Leadership Grid

A model for understanding leadership styles by evaluating a leader's concern for people and their concern for production, helping to categorize leaders into distinct types.