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Code Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study: Code Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:   On the Customer Cost Analysis report in time-driven activity-based costing, the Resolving Queries cost assigned to Customer I would be closest to: A)  $73.67 B)  $127.77 C)  $10.36 D)  $82.88 On the Customer Cost Analysis report in time-driven activity-based costing, the Resolving Queries cost assigned to Customer I would be closest to:


A) $73.67
B) $127.77
C) $10.36
D) $82.88

E) A) and B)
F) B) and C)

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Choi Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study: Choi Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:   The cost per minute of the resource supplied is $0.40. On the Customer Cost Analysis report in time-driven activity-based costing, the Preparing Deliveries cost assigned to Customer R would be closest to: A)  $12.00 B)  $108.00 C)  $82.67 D)  $128.00 The cost per minute of the resource supplied is $0.40. On the Customer Cost Analysis report in time-driven activity-based costing, the Preparing Deliveries cost assigned to Customer R would be closest to:


A) $12.00
B) $108.00
C) $82.67
D) $128.00

E) None of the above
F) All of the above

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Ledonne Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study: Ledonne Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:   On the Capacity Analysis report in time-driven activity-based costing, the  impact on expenses of matching capacity with demand  would be closest to: A)  ($287,280)  B)  ($297,540)  C)  ($328,320)  D)  ($246,240) On the Capacity Analysis report in time-driven activity-based costing, the "impact on expenses of matching capacity with demand" would be closest to:


A) ($287,280)
B) ($297,540)
C) ($328,320)
D) ($246,240)

E) B) and C)
F) None of the above

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Gendel Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study: Gendel Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:   On the Capacity Analysis report in time-driven activity-based costing, the  impact on expenses of matching capacity with demand  would be closest to: A)  ($264,180)  B)  ($301,920)  C)  ($226,440)  D)  ($269,182) On the Capacity Analysis report in time-driven activity-based costing, the "impact on expenses of matching capacity with demand" would be closest to:


A) ($264,180)
B) ($301,920)
C) ($226,440)
D) ($269,182)

E) A) and D)
F) All of the above

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Krueger Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study: Krueger Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study:   On the Customer Cost Analysis report in time-driven activity-based costing, the total cost assigned to Customer U would be closest to: A)  $93.60 B)  $125.10 C)  $0.00 D)  $31.50 On the Customer Cost Analysis report in time-driven activity-based costing, the total cost assigned to Customer U would be closest to:


A) $93.60
B) $125.10
C) $0.00
D) $31.50

E) A) and B)
F) B) and D)

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Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Leaper Corporation uses an activity-based costing system with the following three activity cost pools:   The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs.The company has provided the following data concerning its costs:   The distribution of resource consumption across activity cost pools is given below:   The activity rate for the Order Processing activity cost pool is closest to: A)  $1,485 per order B)  $1,540 per order C)  $1,465 per order D)  $1,320 per order The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs.The company has provided the following data concerning its costs: Leaper Corporation uses an activity-based costing system with the following three activity cost pools:   The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs.The company has provided the following data concerning its costs:   The distribution of resource consumption across activity cost pools is given below:   The activity rate for the Order Processing activity cost pool is closest to: A)  $1,485 per order B)  $1,540 per order C)  $1,465 per order D)  $1,320 per order The distribution of resource consumption across activity cost pools is given below: Leaper Corporation uses an activity-based costing system with the following three activity cost pools:   The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs.The company has provided the following data concerning its costs:   The distribution of resource consumption across activity cost pools is given below:   The activity rate for the Order Processing activity cost pool is closest to: A)  $1,485 per order B)  $1,540 per order C)  $1,465 per order D)  $1,320 per order The activity rate for the Order Processing activity cost pool is closest to:


A) $1,485 per order
B) $1,540 per order
C) $1,465 per order
D) $1,320 per order

E) All of the above
F) C) and D)

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Schlaefer Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study: Schlaefer Corporation is conducting a time-driven activity-based costing study in its Tech Support Department. The company has provided the following data to aid in that study:   On the Capacity Analysis report in time-driven activity-based costing, the  unused capacity in number of employees  would be closest to: A)  12.22 employees B)  3.78 employees C)  (12.22)  employees D)  16.00 employees On the Capacity Analysis report in time-driven activity-based costing, the "unused capacity in number of employees" would be closest to:


A) 12.22 employees
B) 3.78 employees
C) (12.22) employees
D) 16.00 employees

E) All of the above
F) None of the above

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Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below.    Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below:    Required:a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below: Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below.    Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below:    Required:a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Required:a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing.

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a.Computation of activity rate...

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Gumbel Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study: Gumbel Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study:    Required: Prepare a time-driven activity-based costing Customer Cost Analysis report that determines the total Customer Support Department cost assigned to each customer. Required: Prepare a time-driven activity-based costing Customer Cost Analysis report that determines the total Customer Support Department cost assigned to each customer.

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Fletes Corporation manufactures two products: Product O95C and Product M31N. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products O95C and M31N. Fletes Corporation manufactures two products: Product O95C and Product M31N. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC)  system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products O95C and M31N.   Using the ABC system, how much total manufacturing overhead cost would be assigned to Product O95C? A)  $392,500 B)  $136,000 C)  $399,000 D)  $263,000 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product O95C?


A) $392,500
B) $136,000
C) $399,000
D) $263,000

E) B) and D)
F) A) and D)

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Meli Corporation manufactures two products: Product L61P and Product B60E. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products L61P and B60E. Meli Corporation manufactures two products: Product L61P and Product B60E. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC)  system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products L61P and B60E.   Using the plantwide overhead rate, the percentage of the total overhead cost that is allocated to Product L61P is closest to: A)  50.00% B)  31.37% C)  10.34% D)  70.00% Using the plantwide overhead rate, the percentage of the total overhead cost that is allocated to Product L61P is closest to:


A) 50.00%
B) 31.37%
C) 10.34%
D) 70.00%

E) A) and B)
F) All of the above

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Organization-sustaining activities are carried out regardless of which customers are served, which products are produced, how many batches are run, or how many units are made.

A) True
B) False

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Which of the following would be classified as a product-level activity?


A) Setting up a machine for a batch of a standard product.
B) Operating a cafeteria for employees.
C) Running the Human Resource department.
D) Advertising a product.

E) A) and D)
F) All of the above

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Addleman Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow: Addleman Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:   Distribution of Resource Consumption Across Activity Cost Pools:   Processing costs are assigned to products using machine-hours (MHs)  and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:Activity:   Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins.Sales and Direct Cost Data:   How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing? A)  $7,300 B)  $51,700 C)  $7,500 D)  $200 Distribution of Resource Consumption Across Activity Cost Pools: Addleman Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:   Distribution of Resource Consumption Across Activity Cost Pools:   Processing costs are assigned to products using machine-hours (MHs)  and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:Activity:   Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins.Sales and Direct Cost Data:   How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing? A)  $7,300 B)  $51,700 C)  $7,500 D)  $200 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:Activity: Addleman Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:   Distribution of Resource Consumption Across Activity Cost Pools:   Processing costs are assigned to products using machine-hours (MHs)  and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:Activity:   Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins.Sales and Direct Cost Data:   How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing? A)  $7,300 B)  $51,700 C)  $7,500 D)  $200 Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins.Sales and Direct Cost Data: Addleman Corporation has an activity-based costing system with three activity cost pools--Processing, Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:   Distribution of Resource Consumption Across Activity Cost Pools:   Processing costs are assigned to products using machine-hours (MHs)  and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:Activity:   Finally, the costs of Processing and Supervising are combined with the following sales and direct cost data to determine product margins.Sales and Direct Cost Data:   How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing? A)  $7,300 B)  $51,700 C)  $7,500 D)  $200 How much overhead cost is allocated to the Supervising activity cost pool under activity-based costing?


A) $7,300
B) $51,700
C) $7,500
D) $200

E) B) and C)
F) C) and D)

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Houseal Corporation has provided the following data from its activity-based costing system: Houseal Corporation has provided the following data from its activity-based costing system:   Data concerning one of the company's products, Product W58B, appear below:   According to the activity-based costing system, the product margin for product W58B is: A)  $3,668.60 B)  $5,975.60 C)  $5,515.40 D)  $19,418.40 Data concerning one of the company's products, Product W58B, appear below: Houseal Corporation has provided the following data from its activity-based costing system:   Data concerning one of the company's products, Product W58B, appear below:   According to the activity-based costing system, the product margin for product W58B is: A)  $3,668.60 B)  $5,975.60 C)  $5,515.40 D)  $19,418.40 According to the activity-based costing system, the product margin for product W58B is:


A) $3,668.60
B) $5,975.60
C) $5,515.40
D) $19,418.40

E) B) and C)
F) A) and D)

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ScholfieldEnterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that activity-based costing system are listed below: ScholfieldEnterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that activity-based costing system are listed below:   The cost of serving customers, $1,191.00 per customer, is the cost of serving a customer for one year.Latif Corporation buys only one of the company's products which ScholfieldEnterprises sells for $15.60per unit. Last year Latif Corporation ordered a total of 1,100units of this product in 2orders. To fill the orders, 7batches were required. The direct materials cost is $7.85per unit and the direct labor cost is $1.90per unit. Each unit requires 0.10 direct labor-hours.According to the activity-based costing system, the total cost of the activity  Processing batches  for this customer this past year was closest to: A)  $967.40 B)  $1,020.00 C)  $52.60 D)  $138.20 The cost of serving customers, $1,191.00 per customer, is the cost of serving a customer for one year.Latif Corporation buys only one of the company's products which ScholfieldEnterprises sells for $15.60per unit. Last year Latif Corporation ordered a total of 1,100units of this product in 2orders. To fill the orders, 7batches were required. The direct materials cost is $7.85per unit and the direct labor cost is $1.90per unit. Each unit requires 0.10 direct labor-hours.According to the activity-based costing system, the total cost of the activity "Processing batches" for this customer this past year was closest to:


A) $967.40
B) $1,020.00
C) $52.60
D) $138.20

E) A) and B)
F) A) and C)

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Ploof Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study: Ploof Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:   On the Capacity Analysis report in time-driven activity-based costing, the  potential adjustment in the number of employees  would be closest to: A)  (3.00)  employees B)  (2.00)  employees C)  3.00 employees D)  2.00 employees On the Capacity Analysis report in time-driven activity-based costing, the "potential adjustment in the number of employees" would be closest to:


A) (3.00) employees
B) (2.00) employees
C) 3.00 employees
D) 2.00 employees

E) A) and B)
F) B) and C)

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Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three activity cost pools. The activity rate for the Size-Related activity cost pool is $1.13 per guest. (The greater the number of guests, the larger the cake.) The activity rate for the Complexity-Related cost pool is $43.52 per tier. (Cakes with more tiers are more complex.) Finally, the activity rate for the Order-Related activity cost pool is $61.44 per order. (Each wedding involves one order for a cake.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately.Data concerning two recent orders appear below: Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three activity cost pools. The activity rate for the Size-Related activity cost pool is $1.13 per guest. (The greater the number of guests, the larger the cake.)  The activity rate for the Complexity-Related cost pool is $43.52 per tier. (Cakes with more tiers are more complex.)  Finally, the activity rate for the Order-Related activity cost pool is $61.44 per order. (Each wedding involves one order for a cake.)  The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately.Data concerning two recent orders appear below:   Assuming that the company charges $500.54 for the Haupt wedding cake, what would be the overall margin on the order? A)  $86.87 B)  $413.67 C)  $148.31 D)  $125.48 Assuming that the company charges $500.54 for the Haupt wedding cake, what would be the overall margin on the order?


A) $86.87
B) $413.67
C) $148.31
D) $125.48

E) B) and D)
F) A) and B)

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Hosley Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs: Hosley Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs:   The distribution of resource consumption across the three activity cost pools is given below:   How much cost, in total, would be allocated in the first-stage allocation to the Other activity cost pool? A)  $123,000 B)  $174,000 C)  $58,000 D)  $203,000 The distribution of resource consumption across the three activity cost pools is given below: Hosley Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs:   The distribution of resource consumption across the three activity cost pools is given below:   How much cost, in total, would be allocated in the first-stage allocation to the Other activity cost pool? A)  $123,000 B)  $174,000 C)  $58,000 D)  $203,000 How much cost, in total, would be allocated in the first-stage allocation to the Other activity cost pool?


A) $123,000
B) $174,000
C) $58,000
D) $203,000

E) None of the above
F) C) and D)

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Larry Enterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below: Larry Enterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:   The cost of serving customers, $1,913.00 per customer, is the cost of serving a customer for one year. Prosonic Corporation buys only one of the company's products. The details of last year's purchases of this product are listed below:   According to the ABC system, the total cost of the activity  Processing batches  for this customer this past year was closest to: A)  $138.35 B)  $553.40 C)  $77.00 D)  $630.40 The cost of serving customers, $1,913.00 per customer, is the cost of serving a customer for one year. Prosonic Corporation buys only one of the company's products. The details of last year's purchases of this product are listed below: Larry Enterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:   The cost of serving customers, $1,913.00 per customer, is the cost of serving a customer for one year. Prosonic Corporation buys only one of the company's products. The details of last year's purchases of this product are listed below:   According to the ABC system, the total cost of the activity  Processing batches  for this customer this past year was closest to: A)  $138.35 B)  $553.40 C)  $77.00 D)  $630.40 According to the ABC system, the total cost of the activity "Processing batches" for this customer this past year was closest to:


A) $138.35
B) $553.40
C) $77.00
D) $630.40

E) A) and D)
F) A) and C)

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