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Zot Corporation uses an activity-based costing system. Total cost and total activity levels, for the three activity cost pools in their system, are summarized below.

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Zot Corporation uses an activity-based costing system. Total cost and total activity levels, for the three activity cost pools in their system, are summarized below. Activity Cost Poo! Total Cost Total Activity Assembly $2,635,152 123,600 machine hours Processing orders $125,418 4,220 orders Inspection $336,630 4,580 Inspection-hours The company makes 1.880 units of product A a year, which requires a total of 3.940 machine-hours, 240 orders, and 68 inspection-hours per year. The product's direct materials cost is $115,3 per unit and its direct labor cost is $24.96 per unit. The product sells for $257 per unit. According to the activity-based costing system, what is the overhead cost charged to product A (choose the closest answer)? 72,322 48,066 96,132 87,352 97,707 53,121 Credit Sales Cash Sales January $40,000 February $45,000 March $39.000 April $34,000 May $44.000 June $70,000 The company's expected cash collection is as below. Collections on cash sales: immediate cash collections Collections on credit sales: 55% in month of sale and 45% in month following sale $140,000 $160,000 $120,000 $119.000 $190,000 $130,000 What is the total cash collected during March by the Zotirvine Corporation? 187.000 196,000 193,000 176,000 182,000 177,000 Which one of the following is most likely to be an advantage of a top-down budget process? Individuals at all levels of the organization are viewed as members of the team whose judgements are valued by top management Senior managers know the strategy and the culture they need to implement it. Motivation is generally higher when individuals participate in setting their own goals than when goals are imposed by above. Budget estimates prepared by front-line managers are often more accurate at their level than estimates prepared by top managers

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