Question: only 1 and 2 Question 1 (1 point) Saved Direct material purchases budget equal A) The number of units to be produced times the amount
Question 1 (1 point) Saved Direct material purchases budget equal A) The number of units to be produced times the amount of direct material in each unit. OB) Beginning inventories plus production needs. OC) Usage plus production needs. D) Direct materials to be used in production plus target ending inventories less beginning inventories. Question 2 (1 point) Saved The objective of activity-based budgeting is O A) To compute the cost of performing activities. B) To refine the budgeting process by assigning indirect costs into activity cost pools. C) To allow no activities to be used as cost drivers rather than just one item such as direct labour hours. OD) To classify costs as to whether they are value added or non-value added. Question 3 (1 point) Saved When using the proration approach the final balance in the Manufacturing Overhead Control account can be closed to which account(s) at year-end? O A) Income Summary do Peon ElloHk
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