Activity-based costing: * 1 1 point Uses a plant-wide overhead rate to assign overhead Is not expensive to implement Typically applies overhead costs using direct labour-hours Uses multiple activity rates This is a required question 1 point M&L Enterprise manufactures antique vase, known as V1. The company adopts traditional costing system where overhead is absorbed at RM9 per direct labour hour. Direct labour hour needed to produce one unit T1 is 2 hours. Rate per hour for the labour is fix at RM15 per hour. Direct material cost per unit for T1 is RM10. Calculate production cost per unit for 11. * RM49 RM34 RM58 RM60 1 point BewBag produces knitted bucket bag known as B2 and 24. Total production OH is RM20,000 and absorbed by direct labour hour. Direct labour hour needed to produce one unit B2 is 2 hours, while 24 is 1 hour. Rate per hour for the labour is fix at RM10. The company recently produced 4.000 units of B2 and 2,000 sheets of 24. Calculate overhead absorption rate (CAR).* RM2 RM6 RM10 RM18 Wawah Sdn Bhd manufactures silver bracelet. Benzemas. Cost per unit of point Benzemas includes direct material cost RM100, direct labour cost RM60. direct expense RM10, and overhead cost RM250. The company plans to generate 30% profit from production cost. Calculate how much will be the selling for one unit of Benzemas.* RM533 RM551 RM640 RM546 The followings are the advantages of activity-based costing. except: 1 point Provides realistic costs of manufacturing for specific products Allocates manufacturing overhead more accurately Costs more to accumulate and analyse information Discovers which processes have unnecessary and wasted costs