Gibson Valves Produces Cast Bronze Valves on an Assembly Line

question 117

Multiple Choice

Gibson Valves produces cast bronze valves on an assembly line.If 1600 valves are produced in an 8-hour shift,the productivity of the line is:

• A)2 valves/hr.
• B)40 valves/hr.
• C)80 valves/hr.
• D)200 valves/hr.
• E)1600 valves/hr.

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Definitions:

February Sales

The total sales revenue generated by a company specifically in the month of February.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Credit Sales

Sales made on account, allowing customers to pay for goods or services at a later date.

Direct Labor

The wages paid to employees who are directly involved in the production of goods or provision of services, considered a variable cost.