What is the most likely cost driver base for allocating the actual cost of advertising and promotion?
Cost driver is a unit of activity which is directly responsible for an increase in overall cost. That being said, the most likely cost driver for allocating cost of advertising and promotion would be "The percentage of advertising budget per product type". | ||
What is the most likely cost driver base for allocating the actual cost of advertising and...
An “Ordering and Receiving Materials” cost pool would most likely have as a cost driver: a. number of setups. b. machine hours. c. number of inspection tests. d. number of purchase orders.
The most likely relevant facility-level cost driver for heating costs in the factory are: It's a fill in the blank answer.
which of the following would likely be the most appropriate cost of driver of electric power used by machines? a) Number of production runs b) Machine size c) Purchase cost of machines d) Number of machine hours
The actual cost of variable overhead is determined by multiplying the actual driver usage by the actual variable cost rate. True False
Which of the metrics would be best cost driver in allocating administrative department expenses & why a monthly revenue 2 Claims filed & clams resubmitted ③ Patient visits tconsults ① Sq feet of clinic Space My quess is Patient visits & Consults because it based on rolume
2. The most likely relevant facility-level cost driver for heating costs in the factory is Data for Questions 3,4 and 5 Gant Accounting performs two types of services. Audit and Tax, Gant's overhead costs consist of computer support, $300,000. und legal support, $150.000. Information on the two services is: Direct labor costs CPU minutes Legal hours used AUDIT $600,000 40,000 200 TAX $900,000 10,000 800 If Gant allocates overhead using the traditional approach based upon direct labor cost, the overhead...
28. Which of the following is least likely to express an appropriate cost driver for the activities listed? A. Cost/Activity: Personnel processing - Cost Driver: Number of employees hired or terminated. B. Cost/Activity: Quality inspection - Cost Driver: Number of units inspected. C. Cost/Activity: Materials handling - Cost Driver: Number of purchase orders. D. Cost/Activity: Equipment amortization - Cost Driver: Number of products produced or hours of use
When machine-hours are used as a cost-allocation base, the item MOST likely to contribute to an unfavorable variable overhead efficiency variance is Select one: a. unused capacity b. more units being produced than planned c. using more machine hours than budgeted d. workers wastefully using variable overhead items
When allocating indirect production costs to cost objects, most cost-allocation bases are ________. a. cost drivers b. assigned to a cost object c. traced to the cost object d. accumulated for a cost object
Frio Company uses ABC costing. Which of the following is most likely to be the cost driver for the cost of ordering parts? A. weight of parts ordered B. direct labor cost C. depreciation expense D. number of orders placed