Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and sales of Product A is 310 units and of Product B is 620 units. There are three activity cost pools, with total cost and activity as follows: Total Activity Activity Cost Pools Total Cost Product A Product B Total Activity 1 $ 17,840 600 200 800 Activity 2 $ 31,320 1,650 1,250 2,900 Activity 3 $ 10,292 115 215 330 The activity rate for Activity 2 is closest to: Multiple Choice 52.20 25.06 18.98
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and sales of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The word "economy" comes from the Greek word oikonomos, which meansa. "environment."b. "production."c. "one who manages a household."d. "one who makes decisions."
Answers (1)
Which of the following refers to a marketing intelligence technique? A) interviewing customers randomly B) increasing the annual budget for R&D C) investing heavily on primary research D) implementing product diversification E) benchmarking
Answers (1)
Nicole is a student at USB Law School; she receives a $52,000 scholarship for 2018. Of the $52,000, $40,000 is used for tuition, $5,000 is used for books, and $7,000 is used for room and board.
Answers (1)
Hiring managers and college admissions officers are some of the people who use social media and other Internet resources to research candidates for employment. True False
Answers (2)
A change from straight-line depreciation to double-declining-balance depreciation would be reported as a. a prospective change in estimate. b. a restatement of the prior period statements only. c.
Answers (1)
New Questions in Business
Todd Wallace works as the chief knowledge officer for Pennsylvania Lumbar Company. He has been given the responsibility to create a product or service that will bring an added value to its customers to increase the company's revenue.
Answers (1)
How does liability insurance differ from comprehensive or collision insurance?
Answers (1)
Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions.
Answers (1)
Market value ratios: a. measure the amount of debt the firm uses. b. measure how effectively a firm is managing its assets. d. show the relationship of a firms cash and other current assets to its current liabilities. d.
Answers (1)
How many international trade agreements lead to economic growth? a. by creating jobs in the export industries b. by opening up new market for domestic goods c. by facilitating culture exchanges between nations d.
Answers (1)