Test: Week #2 Chapter #4 Test Time Remaining: 00.40.53 Submit Te This Test: 18 pts possi This Question: 1 pt 3 of 18 (3 complete) Fandry Company has obtained the following data concerning a new product $3.00 per unit $5.00 per unit $2.50 per unit Production Costs, Using traditional costing method Production Costs, Using activity-based costing method Nonproduction Costs, Using activity-based costing method Fandry Company wants the price of the new product to cover all costs plus a 100% markup The production process used for the low volume product is very complicated and it has a higher proportion of indirect costs than direct costs. What price per unit should Fandry Company charge for the new product? O A. $15.00 O B. $11.00 O C. $10.00 O D. $6.00 Test: Week #2 Chapter #4 Test 18 of 18 (3 complete) This Question: 1 pt Which of the following is NOT a valid step when designing an activity- based cost accounting system? O A. Determine the key components of the system. O B. Use a process map to identify areas for operational improvement O c. Collect relevant data concerning costs and cost drivers. O D. Determine the relationships between cost objects, activities, and resources