Question
Place the four business functions in the order they appear along the value chain: Customer Service Design Marketing Production A. Design, Customer Service, Production, Marketing
Place the four business functions in the order they appear along the value chain: Customer Service Design Marketing Production A. Design, Customer Service, Production, Marketing B. Design, Production, Marketing, Customer Service C. Customer Service, Design, Production, Marketing D. Customer Service, Marketing, Production, Design Which of the following is true if the production volume decreases? A. variable cost per unit increases B. variable cost per unit decreases C. fixed cost per unit increases D. average cost per unit decreases Which of the following might explain why one manager might assign certain costs to a cost object while a different manager might assign some different costs to that same cost object? A. one manager might value an inventory item for the balance sheet as the sum of all the value chain costs while another manager might choose to only recognize variable costs as inventoribale costs for GAAP purposes. B. For financial statement purposes, one manager might include all the costs of the value chain while the other might only only include GAAP cost C. one manager might be pricing a cost object while the other manager might be seeking the inventoriable cost D. one manager might classify one cost as direct while another might classify that same cost as indirect Click to select your answer. Advanced Technology Products produces 10 different fastners. Each time a type of fastener is produced, the equipment must be stopped and items such as filters and drill bits must be changed, oil must be added to the equipment and some parts need lubrication. This work must be done before the products can be produced, the costs related to this activity would be part of which cost pool? A. Outputminuslevel costs B. Batchminuslevel costs C. Productminussustaining costs D. Serviceminussustaining costs
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