chine hours b. number of setups c. number of engineering ch
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Which of the following is a batch-related cost driver?
a. number of machine hours
b. number of setups
c. number of engineering changes
d. number of direct labor hour
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Solved in 2 steps
- During production, how are the costs in process costing accumulated? A. to cost of goods sold B. to each individual product C. to manufacturing overhead D. to each individual departmentDescribe the product life cycle. How do unit-level costs behave in relation to the product life cycle? Batch-level costs? Product-level costs? Facility-level costs?Which of the following is the step in which materials, labor, and overhead are detailed? A. determining the units to which costs are assigned B. determining the equivalent units of production C. determining the cost per equivalent units D. allocating the costs to the units transferred out and the units partially completed
- What is the predetermined overhead rate, and when is it typically estimated?Overhead costs are assigned to each product based on __________________. A. the proportion of that products use of the cost driver B. a predetermined overhead rate for a single cost driver C. price of the product D. machine hours per productHow are predetermined overhead rates used in process costing?
- Which of the following measures is appropriate as a cost driver for machine set up activity costs?a. number of setupsb. machine hoursc. number of workersd. number of unitscompute Actual number of machine-hours used per output unitWhich of the following measures is appropriate as cost driver for personnel administrationcosts?a. direct labor hoursb. machine hoursc. number of employeesd. square feet of area
- Which of the following quantities is an example of an activity cost driver in activity-based costing? O A. number of direct labour hours O B. number of labour transactions O C. number of machine hours O D. all of the aboveBased on the diagram, which represents the EOQ model.Which line segment represents the length of time to consume the total quantity of materials ordered? a. DE b. BC c. AC d. AE e. ADUnder an activity based costing system, what is the per-unit overhead cost of Z
