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Current Attempt in Progress In comparing a traditional costing systems with an activity-based costing system, which of the following would be considered a feature of
Current Attempt in Progress In comparing a traditional costing systems with an activity-based costing system, which of the following would be considered a feature of a traditional cost system? Dividing a large cost pool into multiple and varied smaller cost pools Using a generic cost driver to allocate costs Using activities undertaken in the value chain to determine smaller cost pools Using relevant cost drivers to allocate costs Attempts: 0 of 1 used A cost hierarchy is used by businesses and is divided into four layers. Each layer has various costs assigned to it and is given a rationale for its use. Which of the following best represents the rationale for product/process-level costs? Costs enable an entire product line or individual type of service delivery Costs enable the overall manufacturing process/delivery of services effort Costs enable the production of each batch Costs enable the production of each unit Pharoah, Inc., a company that produces sunscreen has asked Kenneth to calculate their total product costs. Pharoah currently uses traditional costing and has reported the following costs: Janitorial Wages, \$33000; Factory Workers' Wages, \$60500; Machine Operators' Salaries, $35000; Chemical Compounds, $53000; Plastic Containers, $11000; and their Manufacturing Overhead (MOH) will be 80% of their Direct Labor (DL) costs. What are their total product costs? $235900.00$297228.00$223500.00$323105.00
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