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2 Not yet answered Marked out of 2.00 Flag question Please use Table 2 to ANSWER this question. COVID Co. produces two different products (Product
2 Not yet answered Marked out of 2.00 Flag question Please use Table 2 to ANSWER this question. COVID Co. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $500,000, while the cost of Inspection is $30,000. What proportion of Inspection activity is used by Product X? Select one: a. 75% b. 20% c. None of the given ANSWER d. 25% e. 67% Table 2 The activity drivers are used as follows: Product A Product X Total Machine hours Number of batches 1,200 4,800 6,000 60 20 80 Question 3 Not yet answered Marked out of 1.00 Flag question Which of the following is the best example of a organization-level activity? Select one: a. Painting a final product b. None of the given answer c. Product testing d. Research and development e. Human resources Question 4 Not yet answered Marked out of 1.00 Flag question When switching from an activity-based costing system that contains some batch-level costs to a traditional costing system: Select one: a. the unit product costs of both high and low volume products typically decrease. b. the unit product costs of both high and low volume products typically increase. c. the unit product costs of high volume products typically decrease and the unit product costs of low volume products typically increase. d. the unit product costs of high volume products typically increase and the unit product costs of low volume products typically decrease. e. None of the given answer Question 5 Not yet answered Marked out of 1.00 Flag question An activity that is performed to benefit the organization as a whole is a / an Select one: a. batch-level activity. b. None of the given answer c. product-level activity. d. unit-level activity. e. organization-level activity
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