A company uses perpetual inventory and produces items in-house that are controlled by the standard cost valuation method. The standard cost value is set to 20. During the past month, the actual cost to produce this item increased to 25 due to labor costs. What is the effect on accounting and inventory each time this item is produced? Note: There are 2 correct Answers to this question.

• A.The cost difference 5 is posted to a variance account.
• B.A cost of 20 is posted to the stock account.
• C.The cost of 25 is posted to the stock account.
• D.The cost of goods sold for the item will be set at 25.

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You resell office supplies. You want to buy pens in boxes of 20 units and sell each pen separately. What should you define in the system to enable this process?

• A.Define an order multiple of 20 for the pen in the item master data.
• B.Define a purchase unit of measure for the box of pens and a sales unit of measure for a single pen.
• C.Define the pen as a sales item and the box of pens as a purchase item.
• D.Define a factor of 20 for the box of pens in the item master data.

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Which of the following documents increases the in-stock level of an item? Note: There are 3 correct Answers to this question.

• A.Goods Receipt
• B.Goods Receipt PO
• C.Return
• D.Goods Return
• E.Reserve Invoice

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