1. Please Answer the following to show your understanding of the concepts in this chapter.

A. Activity rates are determined by

-.dividing the actual cost for each activity pool by the estimated activity base for that pool.

- .dividing the actual cost for each activity pool by the actual activity base for that pool.

-.dividing the cost budgeted for each activity pool by the actual activity base in that pool.

-.dividing the cost budgeted for each activity pool by the estimated activity base for that pool.

B.Common allocation bases are

-.direct labor dollars, direct labor hours, machine hours

-.direct labor dollars, direct labor hours, direct material dollars

-.machine dollars, direct labor dollars, direct labor hours

-.direct labor dollars, direct labor hours, machine dollars

C.Which of the following is not a factory overhead allocation method?

-single plantwide rate

-.factory costing

-.activity-based costing

-.multiple departmental rates