ACCT
ACCT3032TuteSols41.pdf

ACCT3032TuteSols41.pdf - 159 Award 1.00 point In general...

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159. Award: 1.00 point 160. Award: 1.00 point 161. Award: 1.00 point 162. Award: 1.00 point In general, the capacity-level costs in an activity-based costing (ABC) system are variable costs. True False References True / False Difficulty: 2 Medium Learning Objective: 10-02 Use the hierarchy of costs to manage costs. Managerial decisions based on activity-based costing (ABC) information affect only volume-level, batch-level, and product-level costs. True False References True / False Difficulty: 2 Medium Learning Objective: 10-02 Use the hierarchy of costs to manage costs. The basic concepts involved in activity-based costing (ABC) can be used to determine customer profitability as well as product costs. True False References True / False Difficulty: 1 Easy Learning Objective: 10-03 Describe how the actions of customers and suppliers affect a firm’s costs. The cost driver rate is computed by dividing the total cost per activity by the estimated number of units produced.
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