Dawn Looks Over Reports on Five of Her Workers

question 37

Multiple Choice

Dawn looks over reports on five of her workers.Carol made 25 baskets in 5 hours.Peter made 30 baskets in 6 hours.Rob made 40 baskets in 10 hours.Jack made 55 baskets in 10 hours.Jacqueline made 21 baskets in 3 hours.Who has the greatest productivity?

• A) Jacqueline
• B) Peter
• C) Rob
• D) Jack

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Definitions:

Variable Costing

An accounting method that only includes variable costs (costs that change with production levels) in product costs.

Fixed Costs

Expenses that do not change regardless of the level of production or sales, such as rent, salaries, and insurance.

Cost Control

A process of managing and regulating the expenses of operating a business to maximise profitability.

Traditional Income Statement

A traditional income statement is a financial document that reports a company's financial performance over a specific period, showing revenues minus expenses to reveal net income or net loss.