18. A large company that uses activity based costing would do which of the ollowing A. Use a volume-based cost driver for each sctivity B. Form a cost pool for each activity performed by the company C. Use a single cost pool D. Group activites together to simplifty the mumber of 19. External failure costs are costs that A. are incurred to prevent B. are incurred to identify defective products before products are shipped to the customer C result from defects that are caught before the product is shipped to the customer D. occur when a defective product makes its way into the hands of the customer quality problems from occurring in the first place. 20. The cost of quality training is an example of what type of quality cost? A. Prevention costs B. Appraisal or inspection costs C. Internal failure costs D. External failure costs 21. Which of the following sets just-in-time systems apart f from traditional manufacturing systems? A. Cost of goods sold includes all manufacturing cost. B. Materials are purchased only as they are needed to manufacture goods C. Cost of goods sold is not calculated. D. It can be used in conjunction with activity based costing 22. Emille Corp has a selling price of $20 per unit, variable costs of $10 per unit, and fixed costs of $100,000. How many units must be sold to break even? A. 5,000 10,000 2,500 D. 1,667 23. Skyline Crp, has a selling price of $25 per unit, variable costs of $20 per unit, and fixed costs of 25,000. What sales revenue is needed to breakeven? A. $100,000 B. $5,000 C, $125,000 D $50,000 24. Atasales level of2o,000 units, Pony Corp has sales of$400,000, a variable cost ratio of60% and a profit of $40,000. What is the break-even point in units? A, 8,000 B. 12,000 C. 15,000 D. 20,000