Which of the following are common production volume measures?
i. Direct labour hours.
ii. Machine hours.
iii. Direct material cost.
A) i and ii
B) ii and iii
C) i and iii
D) iii only

Question

Quizplus · Accepted Answer

Direct labour hours and machine hours are commonly used as production volume measures because they directly relate to the amount of time it takes to produce a unit of product. Direct material cost is not a production volume measure as it does not directly relate to the amount of product produced.

Which of the Following Are Common Production Volume Measures