24. Which of the following best defines a A. An activity that is performed to support a specific product line a specific wv C. An D. An activity that is performed for a group of units all at once 25. Alison Co, had the following information for the month of June: Ending work in process inventory Direct materials used in production s 24,000 s 18,000 $ 85,000 s 76,000 $245,000 Direct labor used in production Cost of good manufactured What is the amount of manufacturing overhead applied to production? A. $78,000 B. $76,000 C. $245,000 D. $161,000 26. Amelia Company had the following information for the year $295,000 $245,000 $343,000 Direct materials used Direet labor incurred (9.000 hours) Actual manufacturing overhead incurred Amelia Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. How much overhead was applied during the year? A. $245,000 B. $343,000 C. S360.000 D. $320,000 27. Pima, Inc. manufactures calculators that sell for $40 each. Each calculator uses $15 in direct materials and S5 in direct labor per unit. Pima has two activities: Machining, which is applied at the rate of S4 per machine hour, and Finishing, which is applied at the rate of $20 per batch. This month, Pima made 400 calculators, using 1,000 machine hours in 40 batches. What is the total manufacturing cost for one calculator? A. $20 B. $25 C.$27 D. $32 28. Life cycle cost management takes into consideration the fact that costs and revenues A. are higher in the early stages of the product life cycle than in later stages. B. are not constant across different stages of the product's life cycle. C. slow down in the maturity stage of the product life cycle. D. are higher when products use more activities