Which two types of costs are included in the cost of contract manufactured items?

• A. The cost of Items that the contract manufacturer had to purchase to perform the contract manufacturing service, and the cost of resources used by the contract manufacturer
• B. Manufacturer will charge to make the outputs and would normally be enough to cover their costs and include a fair profit.
• C. The cost of the contract manufacturing service Item. This is the price that the contract
• D. The cost of resources consumed at the OEM's factory
• E. The cost of items that the original equipment manufacturer (OEM) owns and has provided to the contract manufacturer for use in the process of making the output Items

There are freight charges on an invoice. Which two setups are required to get create accounting to enter a separate accounting line for it?

• A. Line Type must be set to Freight.
• B. Account Class must be set to Freight.
• C. Sub ledger accounting is set up to accomplish this out-of-the-box.
• D. Create a condition for a journal line for freight.

How is the standard cost of a manufactured configured item calculated?

• A. It is based on the material and resource requirements of a released work order.
• B. The standard cost of a model item is calculated.
• C. The standard cost is calculated for every possible combination of options under a model
• D. It is based on the actual cost of the work order after it is completed.

Identify four reasons to use the set ID when defining Cost Accounting setups.

• A. You can control which definitions are visible to different cost organizations
• B. You don't have to create any definitions for cost books.
• C. You can share definitions across multiple cost organizations.
• D. You can take advantage of the business unit-to-set ID mapping defined in Cost Accounting.
• E. You can streamline your setup effort.
• F. You have the option to share setup data across all cost organizations using the common set.