112.A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company’s three activity cost pools are shown in the following table:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct AProduct BProduct C
Activity 1$70,0006,0009,00020,000
Activity 2$45,0007,00015,0008,000
Activity 3$82,0002,5001,0001,625
What are the activity rates for the three activities under activity based costing?
A. (1) $2.00; (2) $3.00; (3) $3.50.
B. (1) $3.50; (2) $1.50; (3) $32,80.
C. (1) $3.50; (2) $3.00; (3) $16.00.
D. (1) $2.00; (2) $1.50; (3) $16.00.
E. (1) $2.00; (2) $1.50; (3) $32.80.
113.A company uses activity-based costing to determine the costs of its three products: A, B and C. The budgeted cost and activity for each of the company’s three activity cost pools are shown in the following table:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct AProduct BProduct C
Activity 1$70,0006,0009,00020,000
Activity 2$45,0007,00015,0008,000
Activity 3$82,0002,5001,0001,625
How much overhead will be assigned to Product B using activity-based costing?
A. $56,500
B. $78,000
C. $62,500
D. $197,000
E. $70,000
114.A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct AProduct B
Activity 1$87,0003,0002,800
Activity 2$62,0004,5005,500
Activity 3$93,0002,5005,250
Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product B under activity-based costing? A. $3.00
B. $2.00
C. $10.28
D. $15.00
E. $2.33
115.A company has two products: A and B. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct AProduct B
Activity 1$87,0003,0002,800
Activity 2$62,0004,5005,500
Activity 3$93,0002,5005,250
Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550 units. What is the approximate overhead cost per unit of Product A under activity-based costing? A. $3.00
B. $2.00
C. $10.28
D. $15.00
E. $2.33
116.A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct A1Product B2
Activity 1$48,0001,2004,800
Activity 2$63,0002,2404,760
Activity 3$80,0007,200800
Annual production and sales level of Product A1 is 8,480 units, and the annual production and sales level of Product B2 is 22,310 units. What is the approximate overhead cost per unit of Product A1 under activity-based costing?
A. $8.00
B. $9.00
C. $10.00
D. $12.00
E. $4.00
117.A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:
Budgeted Activity
Activity Cost PoolBudgeted CostProduct A1Product B2
Activity 1$48,0001,2004,800
Activity 2$63,0002,2404,760
Activity 3$80,0007,200800
Annual production and sales level of Product A1 is 8,480 units, and the annual production and sales level of Product B2 is 22,310 units. What is the approximate overhead cost per unit of Product B2 under activity-based costing?
A. $8.00
B. $9.00
C. $10.00
D. $12.00
E. $4.00
118.Refer to the data above. What are the overhead rates used to apply material handling (MH) and storage costs (SC) using activity-based costing?
A. MH $300/batch; SC $2.73/unit.
B. MH $300/batch; SC $.20/lb.
C. MH $525/batch; SC $.205/unit.
D. MH $700/batch; SC $.205/lb.
E. MH $700/batch; SC $8.20/lb.
119.Refer to the data in the preceding tables. How much overhead cost will be assigned to each product line using activity-based costing (ABC)?
A. Dog food: $462,500; cat food: $462,500.
B. Dog food: $860,000; cat food: $65,000.
C. Dog food: $60,000; cat food: $45,000.
D. Dog food: $800,000; cat food: $20,000.
E. Dog food: $320; cat food: $320.
120.Refer to the data above. How much overhead cost will be assigned to each unit of product using activity-based costing (ABC)?
A. Dog food: $4.62; cat food: $4.62.
B. Dog food: $2.64; cat food: $2.64.
C. Dog food: $8.60; cat food: $0.33.
D. Dog food: $0.26; cat food: $8.60.
E. Dog food: $0.12; cat food: $3.85.
121.Refer to the data in the preceding tables. How much overhead cost will be assigned to the ice cream sandwich product line using activity-based costing (ABC)?
A. $340,000
B. $368,000
C. $28,000
D. $850.08
E. $433,682
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