LEIBON COMPANY Leibon Company provides the following ABC costing information: The above activities are used by Department A and B as follows: 1. Refer to Leibon Company. How much of the account inquiry cost will be assigned to Department A ? a. $40,000. b. $60,000. c. $135.00. d. None of the responses are correct. 2. Refer to Leibon Company. How much of the account billing cost will be assigned to Department B? a. $7,500. b. $7,000. c. \$14.00. d. None of the responses are correct. 3. Refer to Leibon Company. How much of the account verfication cost will be assigned to Department A? a. $18,750. b. $15,000. c. $135,000. d. None of the responses are correct. 4. Refer to Leibon Company. How much of correspondence cost will be assigned to Department B? a. $14,000. b. $10,000. c. $15,000. d. None of the responses are correct. 5. Refer to Leibon Company. How much of the total cost will be assigned to Department A? a. $140,000. b. $100,000. c. $79,000. d. None of the responses are correct. 6. Refer to Leibon Company. How much of the total cost will be assigned to Department B? a. $79,000. b. $112,000. c. $152,000. d. None of the responses are correct. Meibon Company produces 50,000 units of Product Q and 6,000 units of Product Z during a period. In that period, four setups were required for color changes. All units of Product Q are black, which is the color in the process at the beginning of the period. A set-up was made for 1,000 blue units of Product Z; a set-up was made for 4,500 red units of Product Z; a set-up was made for 500 green units of Product Z. A set-up was then made to return the process to its standard black coloration and the 2/3 units of Product Q were run. Each set-up costs $500. 7. Refer to Meibon Company. If set-up cost is assigned on a volume basis for the department, what is the approximate perunit set-up cost for Product Z ? a. $.010. b. \$.036. c. $.040. d. None of the responses are correct. 8. Refer to Meibon Company. If set-up cost is assigned on a volume basis for the department, what is the approximate perunit set-up cost for the red units of Product Z ? a. \$.036. b. \$.111. c. $.250. d. None of the responses are correct. 9. Refer to Meibon Company. Assume that Meibon Company has decided to allocate overhead costs using levels of cost drivers. What would be the approximate per-unit set-up cost for the blue units of Product Z ? a. $.04. b. \$.25. c. $.50. d. None of the responses are correct. 10.Refer to Meibon Company. Assume that Meibon Company has decided to allocate overhead costs using levels of cost drivers. What would be the approximate per-unit set-up cost for the green units of Product Z ? a. $1.00. b. $0.25. c. $0.04. d. None of the responses are correct