Material Cost Question Bank Short Answer
MATERIAL CONTROL QUESTION BANK (PREVIOUS YEAR QUESTION PAPER) SHORT ANSWER QUESTION AND ANSWER 1 What is the difference between direct material and indirect material? Direct Material Raw materials those are directly traceable to the finished product. Wood used to make furniture Fabric used in clothing manufacturing Tires in automobile production Indirect Material Materials used in the production process, but cannot be directly traced to a specific product or their cost is too insignificant to track individually. Example: o Glue used in furniture making o Lubricants for machinery o Cleaning supplies for production equipment 2 What are the two aspects of material control? The two main aspect...