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1. Direct costs include: Property taxes Building maintenance Training Labor2. Price and cost is the same thing to
1. Direct costs include:
Property taxes Building maintenance Training Labor
2. Price and cost is the same thing to a supply chain professional.
3.Indirect costs include:
Material and labor Fixed costs
4.A financial (capital) lease is used to fill a temporary need.
5.Cost analysis includes examining:
Structure of the industry Market structure Technology trends All of the above
6.All of the following are associated with the Sarbanes-Oxley Act of 2002 except:
Establishes criminal and civil penalties Requires periodic reporting Establishes international accounting standards Accurate financial reporting
7.Lean inventory practices may include all of the following except : Reduced inventory costs Expedited shipping costs for missed deliveries Larger safety stock Direct spend reduction
8.All of the following are variable costs except:
Direct labor Property taxes Material Sales commissions
9.The elements of cost include all of the following except:
Standards Direct Indirect Goodwill
10.Profit margin equals price minus cost.