Data for a Factory -
Life Cycle Costing Is a Management Accounting Technique with

question 2

Multiple Choice

Data for a factory
$\begin{array}{ll}\text { Total factory cost } & £ 10,000 \\\text { Total time au ailable on key resource (hours) } & 2,500 \\\text { Contribution per unit product A } & £ 34.00 \\\text { Contribution per unit product B } & £ 30.00 \\\text { Contribution per unit product C } & £ 22.00 \\\text { Contribution per unit product D } & £ 20.00 \\\text { Hours required product A } & 12.0 \\\text { Hours required product B } & 6.0 \\\text { Hours required product C } & 6.0 \\\text { Hours required product D } & 8.0\end{array}$

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Life cycle costing is a management accounting technique with the following important supply chain implications:

• A)Recognition that the cost of acquiring goods and services includes more than just quoted piece price.
• B)Locked in cost issues may affect suppliers.
• C)Sharing of cost and output data enables benefits of partnership sourcing.
• D)Synchronisation of production plans.

Comprehend the concepts and criticisms of projective tests.

Distinguish between Freud's and Jung's theories of the unconscious.

Recognize the importance of locus of control in personality and behavior.

Explain the role of validity scales in psychological testing.

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Definitions:

Internet

A global network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make contributions to their community.

Presenteeism

The act of attending work while not fully functioning due to illness or other medical conditions, potentially leading to reduced productivity.

Optimal Levels

Refers to the most favorable or ideal conditions or amounts for achieving specific goals or outcomes.