Question
1. Holly LLC produces Kayaks and has recently adopted activity based costing. information on the following topics was gathered concerning the purchasing department: writing purchase
1. Holly LLC produces Kayaks and has recently adopted activity based costing. information on the following topics was gathered concerning the purchasing department: writing purchase orders for plywood, ordering key parts, number of plywood purchase orders written, number of key parts orders placed. the total overheard costs of purchases is 600,000 of which 120,000 is associated with ordering key pats. the cost used for overheard application for the activity of ordering key parts is
a. 600,000
b, 120,000
c. neither a nor b
2. which of the following is an example of an external report?
a. 10k
b. budget
c. production report
d. none of the above
3. which of the following is an example of an example of an external report( similar to previous)
a. budget
b. plan
c. annual report
d. none of the above
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