Value-added costs:
A)are costs that a customer is unwilling to pay for
B)include maintenance and repairs of the manufacturing equipment
C)are reduced through improved efficiencies
D)if eliminated, increase profitability

Question

Quizplus · Accepted Answer

Value-added costs are those that enhance the value of a product or service to customers, and reducing them through improved efficiencies can help maintain or increase profitability without compromising customer satisfaction.

Value-Added Costs