Which of the following statements is true regarding current manufacturing companies?
A) Most production labor time is spent running production equipment rather than actually physically working on a product.
B) Production processes are highly automated and complex.
C) Manufacturing Overhead constitutes a significant portion of per-unit costs.
D) All of the above

Question

Quizplus · Accepted Answer

All of the statements are true regarding current manufacturing companies. Most production labor time is indeed spent on running production equipment rather than manual labor on the product, reflecting the shift towards automation and efficiency. Production processes have become highly automated and complex, integrating advanced technologies such as robotics and AI. Manufacturing overhead, which includes costs not directly tied to the production of a product like rent, utilities, and maintenance, constitutes a significant portion of per-unit costs due to the high expenses associated with running sophisticated machinery and maintaining facilities.

Which of the Following Statements Is True Regarding Current Manufacturing