ExamGecko
Question list
Search
Search

List of questions

Search

Related questions











Question 299 - MB-330 discussion

Report
Export

HOTSPOT

A company uses Dynamics 365 Supply Chain Management. The company has two sites at ports of entry, one in Atlanta and one in San Francisco.

Due to supply chain constraints and cost fluctuations, the company must change from one standard cost for all products to two standard cost structures, one for Atlanta and one for San Francisco. A costing manager for each site will manage and approve the costing. The historical costs must be retained for analytical purposes. Costs are revised annually.

You need to configure the system.

What should you configure? To answer, select the appropriate options in the answer are a.

NOTE: Each correct selection is worth one point.


Question 299
Correct answer: Question 299

Explanation:

Box 1: Create a new costing version.

As we need two standard cost structures, we need two cost versions.

Note: A costing version can support a standard cost inventory model for items, where the costing version contains a set of standard cost records about items and manufacturing processes.

Box 2: Enable the Blocked flag.

The manager could use the Costing version setup page to change the blocking flag to allow activation of the pending cost records in the second costing version.

Box 3: Activate the fallback principle

Update standard costs for a new manufactured item (see last line below).

The following guidelines assume that you use a two-version approach to update standard costs. In this approach, one costing version contains the standard costs that were originally defined for the frozen period, and the second costing version contains the incremental updates that pertain to the new manufactured items. The incremental updates are entered as cost records in the second costing version, and eventually they are enabled. The two-version approach requires that you define a second costing version. Here are the guidelines for defining this costing version:

Assign a costing type of Standard cost.

Assign a significant identifier that indicates the contents of the costing version, such as 2016- UPDATES.

In the Allow price types field group, make sure that Cost price is set to Yes.

Allow cost records to be entered for all sites (that is, leave the Site field blank). If you enter a site, cost records can be entered only for that site.

Use a fallback principle of Active.

Reference: https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/about-costingversions

https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/update-standardcosts-new-manufactured-item

https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/update-standardcosts-new-manufactured-item

asked 05/10/2024
Nicholas Roy
43 questions
User
0 comments
Sorted by

Leave a comment first