Production cost refers to prime cost plus
A. Factory overheads
B. Factory and administration overheads
C. Factory, administration and sales overheads
D. Factory, administration, sales overheads and profit
Answer: Option A
Solution(By Examveda Team)
Production cost refers to prime cost plus Factory overheadsRelated Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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