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) 40
B) 45 to 60
C) 55 to 79
D) 65 to 74
E) over 80

Question

Quizplus · Accepted Answer

The proportion of purchased materials in the overall cost of goods sold in U.S. industry has been reported to be between 55 to 79 percent, reflecting the increasing reliance on purchased materials over the decades.

In US Industry, the Proportion of Purchased Materials in the Overall