Which of the following measures is used by traditional costing systems as an allocation base for allocating overhead costs to the units produced? Volume-related activities Batch-related activities Product-related activities Facility-related activities Activity analysis is one of the first stages in implementing an activity-based costing system. Which of the following steps in "activity analysis" is usually performed first? Classify all activities as value added or nonvalue added. Record, from start to finish, the activities used to complete the product or service. Identify the process objectives that are defined by what the customer wants from the process. Improve the efficiency of all activities and develop plans to eliminate any nonvalue-added activities. The number of services provided by an accounting firm would be classified as a(n) volume-related activity. batch-related activity. product-related activity. facility-related activity. Which of the following would be a reasonable basis for assigning the materials handling costs to the units produced in an activity-based costing (ABC) system? Number of production runs per year Number of components per completed unit Amount of time required to produce one unit Amount of overhead applied to each completed unit Cost pools are used with plant wide rates department rates a. yes no b. no yes c. no no d. yes yes Which of the following measures is used by activity-based costing (ABC) systems as an allocation base for allocating overhead costs to the units produced? Volume-related activities Batch-related activities Product-related activities Facility-related activities All of these are used by ABC systems Which of the following should not be used as the allocation base in a company that appropriately uses a single plant wide rate? Sales volume Machine hours Material costs Direct labor cost Direct labor hours