Question 2 question tco 6 in an activity based

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Question 2.Question :(TCO 6) In an activity-based costing system, cost reduction isaccomplished by identifying and eliminating:Non-Value-Adding ActivitiesAll Cost DriversStudentAnswer:No NoYes YesYes NoNo NoInstructorExplanation:Eliminating non-value-adding activities would reduce costs, which is one of theobjectives of activity-based costing systems. Eliminating all cost drivers wouldeliminate all activity.
Points Received:7 of 7Comments:Question 3.Question :(TCO 3) Kerner Manufacturing uses a process cost system to manufacturelaptop computers. The following information summarizes operations relatingto laptop computer model #KJK20 during the quarter ending March 31:UnitsDirect LaborWork-in-process inventory, January 1 100$50,000Started during the quarter 500Completed during the quarter 400Work-in-process inventory, March 31 200Costs added during the quarter$720,000Beginning work-in-process inventory was 50% complete for direct laborcosts. Ending work-in-process inventory was 75% complete for direct laborcosts. What is the equivalent unit of production using the weighted-averageunit cost inventory valuation method?
600650InstructorExplanation:Equivalent units of production for the quarter are 550, computed as follows:Units completed + completed portion of WIP(400 + (200 × 75%)) = 550Points Received:7 of 7Comments:Question 4.Question :(TCO 2) Sweet Co. uses budgeted overhead rates to apply overhead toindividual jobs. They use a system based on direct labor hours. Lastyear, the company made the following estimates for this year.Direct labor costs $48,000,000Factory overhead costs $6,400,000Direct Labor Hours 80,000Machine Hours 110,000(a) What is the budgeted overhead rate for the company?(b) If Job #34567 had the following:Material costs were $500,000;Direct labor costs were $450,000;Direct labor hours were 25,000; andMachine hours were 36,000,then what is the total cost of Job #34567?Student Answer:InstructorExplanation:

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Term
Spring
Professor
Windmar

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