-Use the Gantt Chart and Activity List to Determine Which

question 2

Multiple Choice

-Use the Gantt chart and activity list to determine which resource is released from this project for use in another project the earliest. $$\begin{array} { | l | l | l | l | } \hline \text { Activity } & \text { Resources } & \text { Activity } & \text { Resources } \\\hline \text { R } & 3,5 & \text { M } & 1,2 \\\hline \text { H } & 1 & \text { K } & 4 \\\hline \text { G } & 2,5 & \text { T } & 3 \\\hline \text { F } & 4,1 & \text { P } & 1 \\\hline \text { B } & 2 & \text { S } & 3,4 \\\hline T & 4 & \text { W } & 3 \\\hline\end{array}$$

• A) Resource 2
• B) Resource 4
• C) Resource 1
• D) Resource 3

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Definitions:

Schedule of Cost

A detailed listing of all costs, both fixed and variable, associated with producing a good or delivering a service.

Finished Goods Inventory

The stock of completed products ready for sale, not yet sold to customers.

Cost of Goods Manufactured

The total production cost of goods completed and made ready for sale during a specified period.

Manufacturing Overhead

All overhead costs related to the production process, apart from direct materials and direct labor expenses.