Which of the following best describes a document that initiates changing a product or process? a. An activity cost pool analysis b. An activity rate allocation report c. An engineering change order d. A retooling setup order Under activity-based costing, selling and administrative expenses may be allocated using which of the following formulas for activity rate? a. Activity Rate = Budgeted Activity Cost Total Activity-Base Usage b. Activity Rate = Budgeted Activity Cost Total Activity-Base Usage c. Activity Rate = Budgeted Activity Cost + Total Activity-Base Usage d. Activity Rate = Budgeted Activity Cost Total Activity-Base Usage One purpose of using ABC product cost information to reduce costs is to improve the a. market share of a product. b. cost of a product. c. quality of a product. d. sales of a product. Common allocation bases under the single plantwide factory overhead rate method include a. machine hours. b. planned production in units of product. c. average wage hours. d. previous year method. What is the activity rate for the assembly activity (rounded to the nearest cent)? a $14,90 b. 51,66 c. $16.55 d. $23.95