Which of the Following Is a Value Benefit

question 72

Multiple Choice

Which of the following is a value benefit?

• A) Scale savings
• B) Cost savings
• C) Learning
• D) Technology

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Definitions:

Raw Materials Inventory

The value of all the materials that are yet to be used in manufacturing.

Required Production

The quantity of products that a company must manufacture in a specific period to meet customer demand and inventory policies.

Budgeted Production

The planned quantity of products a company intends to produce in a certain period, based on demand forecasts and capacity planning.

Raw Materials Inventory

The total cost of all components or materials a company has in stock that are intended for use in production to create finished goods.