Question: Question 29 (1 point) Activity-based cost systems A apply average support costs to each unit of product. B) limit cost drivers to units of output.

Question 29 (1 point) Activity-based cost systems
Question 29 (1 point) Activity-based cost systems A apply average support costs to each unit of product. B) limit cost drivers to units of output. O g highlight the different levels of activities. D) generally undercost complex products. Question 30 (1 point) Which of the following is NOT a characterization of activity-based costing? A) identification of only variable costs (B) a focus on both operating and strategic decisions ( identifying all resources used by activities regardless of how individual costs behave in the short run Dj using the cost hierarchy to allocate costs to products Question 31 (1 point) With simple costing systems, products manufactured in small batches and in small annual volumes may be because batch-related and product-sustaining costs are assigned using unit-related drivers. A overcosted B) fairly costed OO costed the same as in activity-based costing (D) undercosted Question 32 (1 point) Sales reports the following information for January: Sales $25,000 Variable costs 6,000 Fixed costs 8.000 Operating income $11,000 Required If sales double in February, what is the projected operating income? Question 33 (1 point) How many units would have to be sold to yield a target income of $25,000 assuming variable costs are $50 per unit, total fixed costs are $5,000, and the unit selling price is $100

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!