The MRP Input That States Which End Items Are to Be

question 68

Multiple Choice

The MRP input that states which end items are to be produced,when they are needed,and what quantities are needed,is the

• A)Bill of Materials.
• B)Production Activity Report.
• C)Master Production Schedule.
• D)Inventory Status File.

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Definitions:

Activity-based Costing

Activity-based costing allocates overhead costs based on the specific activities that contribute to overhead in producing a product or service.

Processing Batches

Groups of items or units processed together in one operation to improve efficiency, often in manufacturing or data processing contexts.

Activity-based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of activities.

Overhead Cost

General expenses related to the operation of a business that are not directly tied to a specific product or service, including rent, utilities, and administrative expenses.