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34. Which Data concer ning three of the activity cost pools of Burlingame IL.C, a legal firm, have been provided below Pools Total Co 750

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34. Which Data concer ning three of the activity cost pools of Burlingame IL.C, a legal firm, have been provided below Pools Total Co 750 rescardh Aetivity Cost Total Activity Total Cost Researehing legal issue$27.750 750 carch hours feeting with lients. $1,102,050 6,975 mocting hours $31,920 2,280 documents eparing doouments.. The activity rate for the "meeting with clients" activity cost pool is closest to A), 81,102,050 per meeting hour B). 503 per meeting hour C). 5116 per meeting hour D). 8158 per meeting hour 35. Propernty taxes are an example of a cost that would be considered to be: A), Unit-level D), Batch-level C). Product level. D). Facility-Level. 36. Self-imposed budgets typically are: A), not subject to review by higher levels of management since to do so would contradict the participative aspect of the budgeting processing. 1), not subject to review by higher levels of management except in specific cases where the input of higher management is required. C), subject to review by higher levels of management in order to prevent the budgets from becoming too loose D), not critical to the success of a budgeting program. 37. Which of the following is not a limitation of activity-based costing? A). Maintaining an activity-based costing system is more costly than maintaining a traditional direct labor-based costing system. B). Changing from a traditional direct labor-based costing system to an activity-based costing system changes product margins and other key performance indicators used by managers. Such changes are often resisted by managers. C). In practice, most managers insist on fully allocating all costs to products, customers, and other costing objects in an activity-based costing system. This results in overstated costs. D). More accurate product costs may result in increasing the selling prices of some products. 38. The potential benefits of ABC/ABM are generally higher for companies that A). produce one product. B). have low manufacturing overhead costs. C). produce high volumes of some products and low volumes of other products D). are in noncompetitive markets

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