Which of the following are part of the four-level hierarchy used in activity-based costing systems? Batch-level...
Which of the following are part of the four-level hierarchy used in activity-based costing systems?
Batch-level activities
Company-wide activities
Facility-level activities
Overhead activities
Product-level activities
Unit-level activities
Homework Answers
The following are part of the four-level hierarchy used in activity-based costing systems:
1. Unit-level activities: are the costs of activities performed on each individual unit of a product or service.
2. Batch-level activities: are the costs of activities related to a group of units of products or services rather than the individual unit.
3. Product-level activities: are the costs of activities undertaken to support individual products or services regardless of the number of units or batches produced.
4. Facility-level activities: are the costs of activities that cannot be traced to individual products or services but support the organization as a whole.
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Which of the following are part of the four-level hierarchy used
in activity-based costing systems?
Batch-level...
Which of the following measures is not used by activity-based costing (ABC) systems as an allocation...
Which of the following measures is not used by activity-based costing (ABC) systems as an allocation base for allocating overhead costs to the units produced? Multiple Choice C) Volume-related activities Batch-related activities. Product-related activities ooo O Need-related activities.
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Solve the MCQs please Cost management systems, such as Activity Based Costing, tend to focus on an organization's: activities rules and regulations machines employees customers 2:) The division of activities into unit-level, batch-level, product-sustaining level, and facility-level categories is commonly known as a cost: classification scheme that is useful in traditional, volume-based systems application method hierarchy object estimation method 3:) Let us assume that fixed and variable costs remain constant, the decreases of selling price will have no any effect...
Identify the four level hierarchy that in which costs are grouped while creating an Activity-Based Costing...
Identify the four level hierarchy that in which costs are grouped while creating an Activity-Based Costing System. Choose a manufacturing company and identify three types of costs that should be included in each category.
Identify the four level hierarchy that in which costs are grouped while creating an Activity-Based Costing...
Identify the four level hierarchy that in which costs are grouped while creating an Activity-Based Costing System. Choose a manufacturing company and identify three types of costs that should be included in each category.
Which of the following cost pools are used to classify costs under activity-based costing? Unit Batch...
Which of the following cost pools are used to classify costs under activity-based costing? Unit Batch Product Facility A) Yes Yes Yes No B) Yes Yes Yes Yes C) No Yes Yes No D) Yes No Yes Yes E) Yes Yes No No
unit-level, batch-level, product-level, or facility-level.
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amherst metal works ABC systems commonly use a cost hierarchy with four levels to identify cost-allocation...
amherst metal works
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amherst metal works
ABC systems commonly use a cost hierarchy with four levels to identify cost-allocation bases that are cost drivers of the activity cost pools: (1) Output unit-level costs: the costs of activity performed on each individual unit of a product or service. (2) Batch-level costs: the costs of activities related to a group of units of a product or service. (3) Product-sustaining costs (service-sustaining costs): the costs of activities undertaken to support individual products or services, regardless of...
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