22) A cost system determines the cost of a cost object by A accumulating and then assigning costs B) assigning and then accumulating costs C) accumulating costs D) assigning costs Answer the following questions using the information below: Patrick Ross has three booth rental options at the county fair where he plans to sell his new product. The booth rental options are: Option 1: Option 2: Option 3: $1,000 fixed fee, or $750 fixed fee + 5% of all revenues generated at the fair, or 20% of all revenues generated at the fair. The product sells for $37.50 per unit. He is able to purchase the units for $12.50 each 23) Which option should Patrick choose to maximize income sold and a 60% probability that 40 units will be sold? A) Option1 B) Option 2 assuming there is a 40% probability that 70 units will be C) Option 3 D) All options maximize income equally. 24) A company would use multiple cost-allocation bases D if managers believe that using multiple cost-allocation bases is the only acceptable method B) if managers believed the benefits exceeded the additional costs of that costing systenm C) because this is a simpler approach than using one cost allocation base D) because there is more than one way to allocate overhead Answer the following questions using the information below: Stark Corporation has two departments, Car Rental and Truck Rental. Central costs may be allocated to the two