answer question #13,14,15,16

13. Turtle, Inc. uses activity-based costing. The company produces X and Y. Information relating to the two products is as follows: Labor-related overhead costs assigned to product X are: A) $384,000 B) $464,000 C) $576,000 D) $545,000 E) $960,000 14. Although adding more activity cost pools to an activity-based costing system may improve the precision of product costing, this increase in precision must be judged against: a. The price of underwater coverage. b. The price of the product. c. The cost of developing and maintaining the additional cost pools. d. The tax rates for income in the country. e. The volume of product sold. 15. Eightco, Inc. has two categories of overhead: maintenance and inspection. Costs expected for these categories for the coming year are as follows: MaintenanceInspection$300,000200,000 The practical capacity of machine-hours for all jobs during the year is 20,000, and for inspections is 1,000. These are the cost drivers for maintenance and inspection costs, respectively. The following data have been assembled for use in developing a bid for a proposed job: Using the appropriate cost drivers, the total cost of the potential job is: a. $11,000. b. $13,200. c. $23,000. d. $31,000. e. $24,200 16. When cost-based pricing is employed and markup is based on manufacturing costs, the markup must be sufficiently large enough to: A) Cover selling expenses, administrative expenses, and provide for the desired profit B) Cover selling and administrative expenses C) Be noticed on a distant horizon yet be small on close inspection D) Provide for the desired profit E) Cover selling expenses and provide for the desired profit