Quiz_Chapter_8_Spring_2003

# Quiz_Chapter_8_Spring_2003 - A \$2.40 B \$3.90 C \$10.59 D...

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Quiz – Chapter 8 1. Matt Company uses activity-based costing for both of its products, A and B. The annual production and sales of Product A is 8,000 units; sales of Product B are 6,000 units. There are 3 activity cost pools, with estimated total cost and expected activity as follows: Activity Cost Pool Estimated Cost Expected Activity, A Expected Activity, B Expected Activity, Total Activity 1 \$20,000 100 400 500 Activity 2 \$37,000 800 200 1,000 Activity 3 \$91,200 800 3,000 3,800 The cost per unit of Product A under activity-based costing is closest to:

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Unformatted text preview: A) \$2.40 B) \$3.90 C) \$10.59 D) \$6.60 2. Westin Company uses activity-based costing for its products. The There are 3 activity cost pools, with estimated total cost and expected activity as follows: Activity Cost Pool Estimated Cost Expected Activity Actual Activity Activity 1 \$11,916 900 915 Activity 2 \$12,360 1,200 1,185 Activity 3 \$19,950 1,000 965 The amount of overhead applied for Activity 2 during the year was closest to: A) \$16,905.75 B) \$12,205.50 C) \$12,360.00 D) \$12,460.00 Official answers: 1-D, 2-B...
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Quiz_Chapter_8_Spring_2003 - A \$2.40 B \$3.90 C \$10.59 D...

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