48. In two-stage activity-based costing systems, the cost objects in the first stage are ________ and the cost objects in the second stage are ________.

A) departments; products or services

B) departments; territories

C) resources; departments

D) activities; products or services

49. ________ is a name for a system that first accumulates indirect resource costs for each of the activities of an organization and then assigns the cost of each activity to the cost objects that require that activity.

A) Activity-based management

B) Activity-based costing

C) Cost accounting

D) Activity-based cost allocation

50. Sneha Company has determined the following information about a new product. The manufacturing process used for the product is very complex and it has a higher proportion of indirect costs than direct costs. The company wants a 50% markup on cost. The following data is available:

Product cost according to traditional costing system $5.00 per unit

Product cost according to activity-based costing system $8.00 per unit

What price per unit should Sneha Company use for this new product?

A) $10.00

B) $12.00

C) $8.00

D) $14.00