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A colorful illustration depicting various materials used in production, such as cords, chains, and tools, set in a factory-like environment, emphasizing creativity and craftsmanship.

Understanding Production Costs Quiz

Test your knowledge on production costs and related materials with our engaging quiz! This quiz is designed to assess your understanding of essential concepts in procurement and production. Whether you're a student or just curious about the subject, this quiz is for you.

7 well-structured questions
Multiple choice format
Suitable for students and anyone interested in production processes

7 Questions2 MinutesCreated by CraftingMind24

Name:

Grade and Section

10-CM Recto

10-D Silang

10-E Aguinaldo

10-E. Jacinto

10-E Javier

1. What served as an indicator of how many items are you going to buy?

Item

Quantity

Name

Unit cost

2. What part of production cost indicates the amount per piece of an item?

Item

Quantity

Name

Unit cost

3. Which material comes in various thickness and made of gold plated or silver, surgical steel or colored wire?

Elastic cord

Monofilament

Nylon cord

Wire and chain

4. Defined as buying or acquiring of goods or materials to make an article or product.

Enrolling

Licensing

Purchasing

Selling

5. Specified as the materials that you are going to acquire

Item

Quantity

Name

Unit cost

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