The most appropriate cost of driver of electric power used by machines is:-
d) Number of machine hours
Machine hours are the number of hours the machine was used to fully manufacture a product. It is most applicable for machine-intensive environments
which of the following would likely be the most appropriate cost of driver of electric power...
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.
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
Which of the following would most likely shift the production possibilities curve inward? A. an increase in the number of hours factories are in use B. a decrease in the average number of hours worked per week as the labor force chooses to enjoy more leisure time C. an increase in the production of capital goods D. technological progress
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
Cost Driver Number of orders Number of production runs Pounds of materials used Cost $ 48,375 170,000 336,000 Driver Activity 225 orders 100 runs 120,000 pounds Activity Processing orders Setting up production Handling materials Machine depreciation and maintenance Performing quality control Packing Total estimated cost Machine-hours Number of inspections Number of units 252,000 51,200 120,000 $977,575 14,000 hours 40 inspections 480,000 units In addition, management estimated 7,300 direct labor-hours for year 2. Assume that the following cost driver volumes occurred...
1. Which of the following would most likely be included as part of manufacturing overhead in the production of a computer? A) The amount paid to the individual who assemble the computer. B) The commission paid to the salesperson who sold the computer. C) The cost of the motherboard used in the computer D) The cost of screws used in the computer
Which of the following has the weakest linkage between activity and cost driver? A) B) C) D) E) Model Machine setup Machine maintenance Lighting on shop floor Quality control Materials Handling Cost Driver Number of setups Machine hours Number of kilowatt-hours Square feet of floor space Weight of materials in process
Which of the following is the most likely to be a variable factor of production at an university? Select one: a. The number of librarians. b. The size of the football stadium. c. The size of the student union. d. The location of the university.
Which of the following would most likely be a facility level cost? A. Depreciation on factory equipment B. Depreciation on factory building C. Depreciation of engineering equipment D. Depreciation of setup equipment
Which of the following would most likely cause an upward shift in a firm's cost curve? a. a technological advance b. an increase in resource prices c. a decrease in demand for the firm's product d. a decline in consumer income