stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Manufacturing Flashcards | StudBud
Explore
/
Manufacturing
Manufacturing
20 terms
·
StudBud Administration
·
600 plays
Concepts of a Manufacturing Business for BUSIACC students
Flashcards
20 cards
F
Practice quiz
P
Host live
L
Questions
20
Answers
1
Manufacturing business has
4
inventory accounts.
False
True
2
Best Describes
Manufacturing Overhead
Direct Labor
Direct Materials
3
The Gucci items sold is part of Finished Goods Inventory
True
False
4
Which one is not a
Merchandising
business?
Watsons
ACE Hardware
Procter & Gamble
SM Department Store
5
This is the definition of Finished Goods Inventory account title
False
True
6
In earning revenues, a
Manufacturing
business
sells goods
render services
earns interest
rents infrastructure
7
The salary of the barista in a coffee shop is part of
Manufacturing Costs
None of them, it should be part of Manufacturing overhead
Direct Labor
Both of them, Direct Labor is a manufacturing cost
8
Which of the following is not a
Manufacturing
business?
San Miguel Foods, Inc
Puregold
Nestle
Unilever
9
Merchandising Business has
1
type of
inventory account title and it is called Merchandising Inventory.
True
False
10
In earning revenues, a
Merchandising
business
renders services
earns interest
rents infrastructures
sells goods
11
Direct Materials and Raw Materials Inventory are similar in terms of what items they represent.
True
False
12
A Manufacturing Business
True
False
13
A Manufacturing Business
False
True
14
Which one is not an inventory account in a
Manufacturing
business?
Raw Materials Inventory
Merchandise Inventory
Work in Process Inventory
Finished Goods Inventory
15
If the product is Dalgona Coffee, the image best describes
Finished Goods Inventory
None of the above
Raw Materials Inventory
Work in Process Inventory
16
The items inside the Samsung store best describes
Work in Process Inventory
Raw Materials Inventory
None of them
Finished Goods Inventory
17
Which one is not an element of manufacturing costs?
Manufacturing Overhead / Factory Overhead
Direct Materials
Direct Labor
Raw Materials Inventory
18
The difference of Direct Materials and Raw Materials Inventory is
False
True
19
If the product is selling dalgona coffee, the image below is the best example of
Manufacturing Overhead
Work in Process Inventory
Direct Labor
Direct Materials
20
Inventory account title of a
Merchandising
business is called
Work in Process Inventory
Finished Goods Inventory
Merchandise Inventory
Raw Materials Inventory
