QuizCh7.pdf - -r Managerial Accounting Quiz Chapter 7 1. If...

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-r Managerial Accounting Quiz Chapter 7 1. If a manu&cturing company is using activity-based costing for internal _ sustaining overhead costs should not be allocated to any ofthe products. TfUe-> False purposes only. then organization- 2. The costs of idle capacity should not be assigned to products in activity-based costing. @ r'ar. 3. Activity rates in activity-based costing are computed by dividing costs from the first-stage allocations by the - aqtlvity measure for each activity cost pool. \Try9 False 4. Which terms would make the following sentence true? Manufacturing companies that benefit the most from activity-based costing are those where overhead costs are o \...,.,'* percentage of total product cost and where there is tl: i;. r\Ltair* diversity among the various products that they produce. A. low, little B. low, considerable !-. .high. little. . (D-) hi gh. considerabl e 5. Providing the power required to run production equipment is an exanple cf a: Gi Uttit-t"vel activity. B. Batch-level activity. C. Product-level activity. f . Organization-sustaining activity -.r. Tatman Corporation uses an activity-based costing system with the following three activity cost pools: .\otivit-v Cost Pool Total ,{ctivih'
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This note was uploaded on 09/08/2010 for the course BUS 21 at San Jose State University .

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QuizCh7.pdf - -r Managerial Accounting Quiz Chapter 7 1. If...

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