The Physical Distribution ________________________ Is How Rapidly and Dependably a Firm

question 67

Multiple Choice

The physical distribution ________________________ is how rapidly and dependably a firm can deliver merchandise in demand through the appropriate channels.

• A) product service level
• B) trade-offs service level
• C) customer service level
• D) standard service level
• E) efficiency service level

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Definitions:

Direct Labor Variances

The difference between the budgeted or standard cost of direct labor for actual production and the actual cost incurred for direct labor.

Direct Labor

The work of factory employees that can be directly traced to the product being manufactured.

Direct Labor Variances

The difference between the expected (standard) cost of direct labor for actual production and the actual cost incurred.

Direct Labor

Direct labor involves the work of employees who are directly involved in producing goods or services, being a key factor in manufacturing costs.