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Part 1 1. Spollage refers to A) units of production that do not meet the specifications required by customers but that are subsequently repaired and

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Part 1 1. Spollage refers to A) units of production that do not meet the specifications required by customers but that are subsequently repaired and sold as good finished units B) units of production whether fully or partially completed, that do not meet the specifications required by customers for good units and are discarded or sold at reduced prices C) residual material that results from manufacturing a product D) products of a joint production process that have low total sales values relative to the total sales value of the main product 2. Rework refers to A) units of production that do not meet the specifications required by customers but that are subsequently repaired and sold as good finished units B) products of a joint production process that have low total sales values relative to the total sales value of the main product C) units of production whether fully or partially completed, that do not meet the specifications required by customers for good units and are discarded or sold at reduced prices D) residual material that results from manufacturing a product 3. Which of the following is an example of spoilage? A) short lengths from woodworking operations B) edges from plastic molding operations C) defective units of laptops detected after the production process but reworked before the units are sold as good products to customers D) defective aluminum cans sold to aluminum manufacturers for remelting to produce other aluminum products 4. Scrap is A) units of production that do not meet the specifications required by customers but that are subsequently repaired and sold as good finished units B) products of a joint production process that have low total sales values relative to the total sales value of the main product C) residual material that results from manufacturing a product D) units of production whether fully or partially completed, that do not meet the specifications required by customers for good units and are discarded or sold at reduced prices 5 An item classified as spoilage has no value. A) True B) False

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