Value Chain Activities Are

question 79

Multiple Choice

Value chain activities are:

• A) the activities most likely to be imitated by competitors.
• B) activities or tasks the firm completes in order to produce products and then sell, distribute, and service those products in ways that create value for customers.
• C) the core competencies of the organization.
• D) the activities most crucial to implementing the firm's business strategy.

Learn how to calculate and apply overhead rates to jobs.

Demonstrate how labor costs (direct and indirect) are treated in job costing.

Recognize the documentation and flow of costs in a job order costing system.

Calculate predetermined overhead rates and understand their application.

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Definitions:

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Contaminated Sharps

Medical tools such as needles or scalpel blades that have come into contact with potentially infectious materials.

Biohazardous Waste Container

A container designed specifically for collecting and disposing of materials that are contaminated with biological agents that could pose a health risk.