Mission Costing in Supply Chain

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Which step involves the determination of the service elements that will directly or indirectly impact upon the costs of service?

Step 4

Step 3

Step 2 (correct)

Step 1

What is the basic tenet of activity-based costing (ABC)?

Incremental costs are incurred

Product mix impacts costs

Delivery characteristics affect costs

Cost drivers should be identified (correct)

What is the purpose of logistics cost analysis?

To reduce costs

To allocate resources efficiently (correct)

To meet customer service requirements

To improve delivery frequency

Which factor is considered in the determination of service costs?

Product mix Signup and view all the answers

What is the purpose of identifying specific resources used to support customer segments?

To meet customer service requirements Signup and view all the answers

Which step involves attributing activity costs by customer type or segment?

Step 4 Signup and view all the answers

What is the purpose of identifying cost drivers in activity-based costing?

To allocate costs accurately Signup and view all the answers

What is the purpose of logistics and supply chain management?

To meet customer service requirements Signup and view all the answers

Which step involves identifying factors that contribute to variations in the cost of service?

Step 1 Signup and view all the answers

What principle is used to determine incremental costs in logistics cost analysis?

Avoidability Signup and view all the answers

Mission Costing in Supply Chain

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Questions and Answers

Which step involves the determination of the service elements that will directly or indirectly impact upon the costs of service?

What is the basic tenet of activity-based costing (ABC)?

What is the purpose of logistics cost analysis?

Which factor is considered in the determination of service costs?

What is the purpose of identifying specific resources used to support customer segments?

Which step involves attributing activity costs by customer type or segment?

What is the purpose of identifying cost drivers in activity-based costing?

What is the purpose of logistics and supply chain management?

Which step involves identifying factors that contribute to variations in the cost of service?

What principle is used to determine incremental costs in logistics cost analysis?

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