AccTest3 - 1..Asaresult,.Youmayhaveto :AandB..The

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1.  The examination is open book. As a result, the examination is challenging. You may have to  use the index in the textbook and search engines on the Web to research certain terms that are  not in the chapters you covered. Paul Company has two products: A and B. The company uses activity-based costing. The  estimated total cost and expected activity for each of the company's three activity cost pools are  as follows: Activity Estimate d Expected Activity Cost   Pool Cost Product   A Product   B Total Activity 1 $22,000 400 100 500 Activity 2 $16,240 380 200 580 Activity 3 $14,600 500 250 750 The activity rate under the activity-based costing system for Activity 3 is closest to:  a. $70.45.  b. $28.87.  c. $19.47.  d. $58.40.       2.  Matt Company uses activity-based costing. The company has two products: A and B. The  annual production and sales of Product A is 8,000 units and of Product B is 6,000 units. There  are three activity cost pools, with estimated total cost and expected activity as follows: Activity Estimate d Expected Activity Cost   Pool Cost Product   A Product   B Total Activity 1 $20,000 100   400   500 Activity 2 $37,000 800   200 1,00 0
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Activity 3 $91,200 800 3,000 3,80 0 The cost per unit of Product A under activity-based costing is closest to:  3.  The benefits of a successful Just-In-Time system include all of the following except:  4.  A key concept of the JIT inventory system is: 
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