FUNDAMENTALS OF COMPUTER

COMPUTER PROGRAMMING FUNDAMENTALS

WHAT IS PROGRAMMING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A program is designed to accept the name and price of an item and calculate the total price including GCT of 16.5%.Which of the following BEST outlines the process for the above problem statement?
A
price+ (16.5/100 * price) = totalprice
B
totalprice <-price+ (price * 0.165)
C
totalprice <-price+ (price * GCT)
D
totalprice = price+ (price*GCT)
Explanation: 

Detailed explanation-1: -Total Cost of Production = Total Fixed Cost + Total Variable Cost. Now, the quantity of units that has been produced has to be determined. Finally, the average total cost of production is calculated by dividing the total cost of production calculated in step 3 by the number of units produced determined in step 4.

Detailed explanation-2: -Costing calculates the actual cost of the product. It is an accounting scheme that properly uses the real cost and actual features used in manufacturing to properly assess the direct cost of specific goods.

Detailed explanation-3: -Actual production cost per unit: Take the sum of the actual material, labor and overhead cost, then divide it by the number of units produced. This calculation measures how much it costs to produce each unit.

There is 1 question to complete.