Homework Answers
Answer is ---------> Option C ------> Unit Level Drivers
Explanation :
Every change in unit changes the cost . The drivers on which these type of cost are dependent are unit level drivers.
Example of unit level drivers are units produced , machine hours , direct labor hours etc.
The above drivers affect the cost of the activity such as increase in direct labor hours increases the direct labor cost.
While activity and non unit level based cost approaches fixed cost which doesn't changes with the change in unit produced.
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The drivers that explain changes in costs as units produced change are called: Oa. Activity based...
The drivers that explain changes in costs as units produced change are called: Oa. Activity based...
The drivers that explain changes in costs as units produced change are called: Oa. Activity based cost drivers Ob. Non-unit-level drivers Oc. Unit-level drivers Od. All of these choices are correct. W
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Which of the following is not a step in the decision-making model? Oa. determine costs and...
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The drivers that explain changes in costs as units produced change are called: Oa. Activity based cost drivers Ob. Non-unit-level drivers Oc. Unit-level drivers Od. All of these choices are correct. W
Given the following graphs, which graph represents fixed costs 9. 10. Vett 11. 1 2 3 III 12. II 13. Oa! Ob. 11 c. III 14. Od. None of these choices are correct. 15. N 16. 17 18 19. 20 21 22 Progress: 17/37 items Calculator The accounting information subsystem that is primarily concerned with producing outputs for external users is called: Oa. cost management information system Ob.computer system Oc. financial accounting information system Od. internal accounting system 7 engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession...
Select the incorrect statement regarding the use of cost drivers in activity based costing systems. Multiple Choice O ABC uses volume-based and activity based cost drivers. 0 Volume based drivers are most appropriate for costs that are affected by the number of units produced 0 ABC's use of multiple cost drivers will produce less accurate unit costs when a company produces many different products that require different types and levels of overhead costs. 0 An arbitrary cost driver must be...
Pasha Company produced 50 defective units last month at a unit manufacturing cost of $30. The defective units were discovered before leaving the plant. Pasha can sell them "as is" for $20 or can rework them at a cost of $15 and sell them at the regular price of $50. Which of the following is not relevant to the sell-or-rework decision? Oa. $20 selling price of defective units Ob. $50 regular selling price Oc. $30 manufacturing cost Od. $15 for...
Which of the following is a major subsystem of the cost accounting information system? Oa. ERP Ob. EDI Oc. Operational control information system Od. OLAP C Which of the following is a cost management subsystem designed to assign costs to individual products and services and other objects, as specified by management? Oa, cost accounting information system Ob, financial accounting information system Oc operational control information system Od. All of these choices are correct. In a company that supplies muffins to...
Total costs for Locke & Company at 130,000 units are $319,000, while total fixed costs are $195,000. The total variable costs at a level of 280,000 units would be (Round intermediate calculations to the nearest cent and the final answer to the nearest dollar.) O A. $420,000 OB. $148,107 O c. $266,000 OD. $687,077 Total fixed costs for Purple Figs Company are $92,000. Total costs, both fixed and variable are $180,000 if 120,000 units are produced. The fixed cost per...
Which of the following is not a step in the decision-making model? Oa. determine costs and benefits for both feasible and unfeasible alternatives Ob. define the problem Oc. consider qualitative factors Od. identify alternatives Oe. total relevant costs and benefits for each alternative Which of the following involves choosing between alternatives with an immediate or limited time frame in mind? Oa. Strategic decision making Ob. Restructured alternatives management Oc. Short-run decision making Od. The limited options model De. None of...
12. Costs that change abruptby at intervals of activity because the resources and their cost come D. Step costs t.3. Which of the following terms appears on an income statement prepared using the approach but not on an income statement using absorption costing: ing income B. Gross profit C. Contribution margin D. Sales 14. Activities that affect costs are often called A. Cost drivers B. Stages of production C. Fixed activities D. Variable activities 15. At an activity level of...
Windsor Company uses an activity-based costing system. It has the following manufacturing activity areas, related drivers used as allocation bases, and cost allocation rates: Cost Allocation Rate $ 40 0.4 Cost Driver Number of setups Number of parts Machine hours Direct labour hours Number of finished units Activity Machine setup Material handling Machining Assembly Inspection During the month, 100 units were produced, requiring 2 setups. Each unit consisted of 21 parts and used 1.4 direct labour hours and 1.25 machine...
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