Knowledge quiz

It's time to put what you've learned to the test, get 4 right to pass this unit.

1.

Which of the following is necessary for the material costing without quantity structure costing method?

Choose the correct answer.
2.

The costing results in Product Cost Planning consist of the cost of goods manufactured only.

Choose the correct answer.
3.

Which of the following are stages in a product lifecycle?

There are four correct answers.
4.

You want to introduce a modified variant of an existing product into the market. Which costing method do you use to generate the cost estimate?

Choose the correct answer.
5.

At the product design and specification phase, costs can increase as refinements are made to original specifications.

Choose the correct answer.

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