- Question Completion Status 10 points QUESTION 1 World-class organ operating in competitive markets are morely to take which one of the following approaches toward pricine? O A. Determine the price that keeps the faciles y utilized OB. Employ a com based approach to pricing OC. Begin with cost data aven and determine price by adding areasonable make-up OD: Determine price based on the amount management believes customers are we to pay 10 points QUESTION 2 Assume that costs assigned to the setup activity cost pool in March are 120,000 and 100 setups were completed in Marenthe assume that during March machines were setup 20 times to make products The total setup cost that would be assigned to products would be DA 51,600 OB 515,000 O $24,000 OD.Carnot be determined 10 points QUESTION 3 Which of the following statements concerning the cash budget is true O A The cash budet summaries all revenues and expenses during the budget period OB. The cash budget summarizes all cash receipts and disbursements during the budget period OC. The cash budget summarizes all economic activities during the budget period OD. The cash budget summarizes ail sales and expenses during the budget period