Which of the following state the law of supply?

As the price of a product increase, the quantity increase

Direct material is defined as…

The raw material that are made into finished products.

Which of the following is the best of the term in excess of supply?

At a certain price, the demand is less than the supply

What is the best definition of manufacturing statement?

Schedule of manufacturing activities and cost

Which of the following example that incurs the cost of manufacturing overhead?

The cleaner that cleaning at a process site

Which of the following is the best of the term in excess of demand?

At a certain price, the demand is more than the supply

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MANUFACTURING STAT. , FUNDAMENTAL CONCEPT DEMAND AND SUPPLY AND EQUILIBRIUM AND DISEQUILIBRIUM

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Questions 10

Answers

1
Why it is the importance of production equipment should meet the quantity of demand?
demanded by buyers is not an objective
supplier can get more profits
doesn’t have a budget
manufacturer doesn’t have a budget to improve its production
2
Which of the following state the law of supply?
As the price increase, the quantity demand is increase
As the price of a product increase, the quantity increase
Supply is controlled by a retailer
3
Direct material is defined as…
Material that it is not including raw material
The raw material that are made into finished products.
Raw material can consider as a direct material.
4
Which of the following is the best of the term in excess of supply?
At a certain price, the demand is more than the supply
At a certain price, the demand is equal to the supply
At a certain price, the demand is less than the supply
5
Concept of demand is defined as the amount of product that all buyers are willing to buy in a..
Amount of demanded by a consumer
Affordable price
Quantity of demand
6
What is the best definition of manufacturing statement?
Summarize the activities during production process
Schedule of manufacturing activities and cost
Calculate the cost to incur in manufacturing statement
7
Which of the following example that incurs the cost of manufacturing overhead?
Part of a finished
The cleaner that cleaning at a process site
Assembly worker in assembly section
Beginning work in process
8
What is the effect of the economy if disequilibrium occurs.
GDP is better.
Many of investor willing to invest
Economic will reduce.
Everyone is satisfied.
9
How many step of calculation to get the cost of goods manufactured?
3
4
2
1
10
Which of the following is the best of the term in excess of demand?
At a certain price, the demand is more than the supply
At a certain price, the demand is equal to the supply
At a certain price, the demand is less than the supply

MANUFACTURING STAT. , FUNDAMENTAL CONCEPT DEMAND AND SUPPLY AND EQUILIBRIUM AND DISEQUILIBRIUM Flashcards | StudBud