A value-added cost is the cost of an activity that a company can eliminate without affecting the product's value to the customer.

Name: A value-added cost is the cost of an activity that a company can eliminate without affecting the product's value to the customer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A value-added cost is the cost associated with an activity that adds value to the product or service from the perspective of the customer, and eliminating it would typically reduce the product's value.

A Value-Added Cost Is the Cost of an Activity That