Moss Ltd Has the Following Activities: Creating Bills of Materials (BOM)

question 24

Multiple Choice

Moss Ltd. has the following activities: creating bills of materials (BOM) , studying manufacturing capabilities, improving manufacturing processes, training employees, and designing tooling. The general ledger accounts reveal the following expenditures for manufacturing engineering: The equipment is used for two activities: improving processes and designing tooling. Thirty-five percent of the equipment's time is used for improving processes and 65 percent is used for designing tools. The salaries are for two engineers. One is paid £50,000, while the other earns £25,000. The £50,000 engineer spends 40 percent of his time training employees in new processes and 60 percent of his time on improving processes. The remaining engineer spends equal time on all activities. Supplies are consumed in the following proportions:
What is the cost assigned to the creating BOMs activity?

• A) £31,250
• B) £7,500
• C) £43,750
• D) £125,000

Grasp the concept and application of sentiment analysis in marketing.

Identify and classify types of data used in market research.

Understand the use and significance of sampling in market research studies.

Learn about social media's role and impact in market research.

---

Definitions:

Closing Stock Price

The closing price of a stock on a stock exchange at the end of a trading session.

Mode

The most commonly occurring value in a set of data.

Coefficient Of Variation

A standardized measure of dispersion of a probability distribution or frequency distribution, calculated as the ratio of the standard deviation to the mean.

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the data points are.