-Refer to the Above Diagrams,one Can Conclude That If Expectations

question 39

Multiple Choice

-Refer to the above diagrams,one can conclude that if expectations are always fulfilled,Fancy Auto Company:

• A) will never have to adjust the optimal output and employment levels accordingly.
• B) has to adjust the employment level but not the optimal output.
• C) has to adjust the optimal output level but not the employment.
• D) has to adjust both optimal output level and employment accordingly.

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Definitions:

Clock Card

A card used by employees when clocking in and out of the factory; it becomes the basis for the payroll.

Payroll

The total amount of wages, salaries, bonuses, and deductions paid to or on behalf of employees over a specific period.

Manufacturing Overhead-Control

An accounting method used to gather and monitor the costs associated with the manufacturing process but not directly tied to specific products, such as rent, utilities, and salaries.

Supplies Inventory

Items and materials held by a company in stock that are necessary for its operations but not yet used or sold.