Quiz_Chapter_8_Spring_2003 - A) $2.40 B) $3.90 C) $10.59 D)...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
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:
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

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...
View Full Document

Page1 / 2

Quiz_Chapter_8_Spring_2003 - A) $2.40 B) $3.90 C) $10.59 D)...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online