Can you show how to solve these problems as well

aclvity-based costing to determine the costs of its thre products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table: Budgeted Activity Activity Cost Budgeted Pool Cost Prodot A | Product B | Product C 20 ctivity 1 Activity 2 Activity 3 $70,000 $45,000 $82 6,000 7,000 500 9,000 15,000 8,000 Which of the following statements is true regarding this company's activity rates? A. The activity rate under the activity-based costing system for Activity 2 is $16.00. 8. The activity rate under the activity-based costing system for Activily 2 is $19.50 C. The activity rate under the activity-based costing system for Activity 2 is $2.00. rate under the activity-based costing system for Activity 2 is $2.81. E. The activity rate under the activity-based costing system for Activity 2 is $1.50 In competive markets, the price of a given product is established through the forces of supply and demand. True False 22. Which of the followi A. Labor time ticket for each employee. B. Use of a single Goods in Process account. C. Use of a predetermined overhead rate. D. Equivalent units of production. E. Identiflable lots of production. ing characteristics applies to process cost accounting and not to job order cost accounting? US-Mobile Company manufactures and sells two products, conve 5:3. Fixed costs are$ phones is sold at the break-even point? ntional phones and smart phones, in the ratio of 5:3. Flked costs are $105,000, and the contribution margin per composite uni is $125