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Description Brian and Gary are planning a skiing trip. They estimate the following costs Estimated Activity Allocation Cost Cost driver Brian Gary Food $550 Pounds

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Description Brian and Gary are planning a skiing trip. They estimate the following costs Estimated Activity Allocation Cost Cost driver Brian Gary Food $550 Pounds of food eaten 24 26 Skiing 240 # of lift tickets 3 0 Lodging 320 # of nights 4 4 Total 1.110 Urocourse_id=_89247_1&content_id=_6055499 Question Completion Status: QUESTION 1 Brian suggests that the two share costs equally. Using this method, the amount each student will pay is: A. $555 B. $560 O C. $590 OD.$550 QUESTION 2 if the students use ABC and allocate food costs based upon pounds of food eaten, how much food cost would each student pay? A. Brian: $550. Gary: 50 B. Brian: $13,200, Gary: $14.300 O C. Brian: $275, Gary: $275 OD. Brian: $264, Gary: $286 QUESTION 3 If the students use ABC and allocate lodging costs based upon # of nights, how much lodging cost would each student pay? O A. Brian: $160, Gary: $160 B. Brian: $0, Gary: $320 C. Brian: $154, Gary: $166 O D.Brian: $320, Gary: 0 QUESTION 4 If the students use ABC and allocate skiing costs based upon # of lift tickets, how much skiing cost would each student pay? O A. Brian: $0. Gary: $240 O B. Brian: $115, Gary: $125 C. Brian: $240, Gary: 50 OD. Brian: $120, Gary: $120 QUESTIONS If the students use ABC, what is the estimated total cost that each student will pay? A. Brian: $1110, Gary: $0 B. Brian: $555, Gary: $555 C. Brian: $533, Gary: $577 D. Brian: $664, Gary: $446 QUESTION 6 If you were Brian, which method of cost allocation would you prefer? A. Process Costing B. Even allocation (traditional cost) O C. Opportunity Costing O D. Activity-Based Costing Allocation

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