Custom Quilters Makes Decorative Comforters, Quilted Garments, and Other Products

question 65

Multiple Choice

Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. In 2014, the company expects to make 2,000 comforters. With respect to the comforters, how would the wages of sewing machine operators be classified?

• A) Direct and variable
• B) Direct and fixed
• C) Indirect and variable
• D) Indirect and fixed

Understand the differences between managerial and financial accounting in terms of purpose, audience, and report content.

Recognize planning as a key function of management that involves setting objectives for performance.

Understand the concept of GDP and real GDP, including their calculation and interpretation.

Distinguish between nominal GDP, real GDP, inflation, and deflation.

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Definitions:

Hydrogen

A colorless, odorless, and highly flammable gas that is the lightest and most abundant element in the universe.

Magnesium

A chemical element and mineral essential for various bodily functions, including nerve transmission, muscle contraction, and bone development.

Sodium-Containing

Referring to substances or foods that include sodium, an essential mineral that has various functions in the body but can be harmful in excess.

Isotonic IV Fluid

Isotonic IV fluid is a type of intravenous solution that has the same osmolarity as bodily fluids, commonly used for hydration and replenishment of lost fluids without causing cell shrinkage or swelling.