Which of the following costs would not be classified as factory overhead?
A) Property taxes on maintenance machinery. B) Insurance on factory building. C) Wages of the factory janitor. D) Rubber for the soles of shoes produced. E) Small tools used in production.
The yield on a 1-year bill in the U.K. is 8%, and the present exchange rate is 1 pound = U.S. $1.60. If you expect the exchange rate to be 1 pound = U.S. $1.50 a year from now, the return a U.S. investor can expect to earn by investing in U.K. bills is
A) −6.7%. B) 0%. C) 8%. D) 1.25%. E) None of the options are correct.
Truweight Ltd has introduced a new line of weight machines for the catering industry which has required additional steps in the production line. During the first two months of production the labour time for the weight machines was as follows: The learning curve percentage is
A) 10 per cent. B) 90 per cent. C) 100 per cent. D) 110 per cent.