Question: What is an activity base? A. It is the largest single category of cost in a company. B. It is a fixed cost that cannot

What is an activity base? A. It is the largest single category of cost in a company. B. It is a fixed cost that cannot be avoided. C. It is a measure of whatever causes a variable cost to be incurred D. It is an indirect cost that is essential to the business

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!

help Exam 11 Practice Test 1. The following data pertains to activity and costs for two months: July 20.000 Activity level in units Variable costs Fixed costs Mixed costs Total costs June 10,000...

Need help with attached exam. Thank you Note that a question and its answers may be split across a page break, so be sure that you have seen the entire question and all the answers before choosing an...

1. (Points: 2.5) Expense A is a fixed cost; expense B is a variable cost. During the current year the activity level has increased, but is still within the relevant range. In terms of cost per unit...

Section 2 Multiple Choice (60 marks) Please yellow-highlight the entire line of the correct answer. 1. Expense A is a fixed cost; expense B is a variable cost. During the current year, the activity...

Question 7 A cost driver is: O the largest single category of cost in a company. O a fixed cost that cannot be avoided. O a factor that causes variations in a cost. an indirect cost that is essential...

C. Property taxes on the factory building D. New product research and development What are discretionary fixed costs? A. They vary directly and proportionately with the level of activity B. They have...

Which of the following are potential benefits of using multi-dimensional performance reporting? I Managers are less likely to miss facets of performance that impact financial results. Il Performance...

What is a cost driver? O A. Both A&C O B. It is a factor that causes variations in a cost OC. It is an indirect cost that is essential to the business OD. It is a fixed cost that cannot be avoided...

A cost driver is A. an indirect cost that's essential to the business. B. the largest single category of cost in a company. C. a fixed cost that can't be avoided. D. a factor that causes variations...

A cost driver is: Question 3 Answer a . a factor that causes variations in a cost. b . the largest single category of cost in a company. c . a fixed cost that cannot be avoided. d . an indirect cost...

The horizontal pump in Fig P3.139 discharges 20°C water at 57 m3/h. Neglecting losses, what power in kW is delivered to the water by the pump? 120 kPa 400 kPa Pump D,-9cm D2 -3 cm

Define r and s as scalars r = 1.6 x 103 and s = 14.2, and, t, x, and y as vectors t = [1, 2, 3, 4, 5], x = [0, 2, 4, 6, 8], and y = [3, 6, 9, 12, 15]. Then use these variables to calculate the...

A donor provides a large cash contribution that is to be used for acquisition of a new building. Under FASB standards, how would this contribution be repoted by a not - for - profit organization on...

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...