In U.S.industry,the proportion of purchased materials in the overall cost of goods sold has been rising for several decades,to a level of ________ percent today.
A) 25
B) 40
C) 45 to 60
D) 55 to 80
E) over 80

Question

Quizplus · Accepted Answer

In U.S. industry, the proportion of externally purchased materials in the overall cost of goods sold has been rising for several decades, from an average of 40 percent in 1945 to 50 percent in 1960 and 55 to 80 percent today.

In USindustry,the Proportion of Purchased Materials in the Overall Cost of of Goods