Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all 4 multiple choice questions Ace Manufacturing identifies the following activities and drivers for its operations: Activity Moving Materials Machining Activity Driver Number

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribedplease answer all 4 multiple choice questions
Ace Manufacturing identifies the following activities and drivers for its operations: Activity Moving Materials Machining Activity Driver Number of moves Machine hours Driver Quantity 300 10,000 Ace estimates Moving Materials and Machining will cost $2,700,000 and $2,000,000 respectively. Ace's activity rates are: a. $9 per move and $20 per machine hour. b. $900 per move and $2,000 per machine hour. c. $90 per move and $2 per machine hour. d. $9,000 per move and $200 per machine hour. Activity-based customer costing: a. is not useful for companies with a JIT (just-in-time) structure. b. is not useful for companies with only one product. c. has customers as cost objects. Od. has a single driver for all customers. A key component of activity-based costing is: a. calculating single activity rates for all activities. O b. determining a single cost driver for all activities. c. identifying the direct costs in a manufacturing environment. d. assigning costs and overheads to activities. The proportion of each activity used by a product is called: a. consumption ratio. b. overhead rate. O c. product ratio. O d. facility rate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistical Analysis Microsoft Excel 2010

Authors: Conrad Carlberg

1st Edition

0789747200, 9780789747204

More Books

Students also viewed these Accounting questions