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Aikman, Inc., manufactures and sells two products: Product O6 and Product O7.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Aikman, Inc., manufactures and sells two products: Product O6 and Product O7.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The direct labor rate is $17.50 per DLH.The direct materials cost per unit for each product is given below: The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The unit product cost of Product O6 is closest to: A) $637.15 per unit B) $896.71 per unit C) $721.00 per unit D) $661.45 per unit The direct labor rate is $17.50 per DLH.The direct materials cost per unit for each product is given below: Aikman, Inc., manufactures and sells two products: Product O6 and Product O7.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The direct labor rate is $17.50 per DLH.The direct materials cost per unit for each product is given below: The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The unit product cost of Product O6 is closest to: A) $637.15 per unit B) $896.71 per unit C) $721.00 per unit D) $661.45 per unit The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Aikman, Inc., manufactures and sells two products: Product O6 and Product O7.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The direct labor rate is $17.50 per DLH.The direct materials cost per unit for each product is given below: The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The unit product cost of Product O6 is closest to: A) $637.15 per unit B) $896.71 per unit C) $721.00 per unit D) $661.45 per unit The unit product cost of Product O6 is closest to:


A) $637.15 per unit
B) $896.71 per unit
C) $721.00 per unit
D) $661.45 per unit

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An activity cost pool in activity-based costing is a "cost bucket" in which costs related to a particular activity measure are accumulated.

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The total overhead applied to Product T8 under activity-based costing is closest to:


A) $190,890
B) $168,578
C) $394,826
D) $435,683

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The activity rate for the General Factory activity cost pool under activity-based costing is closest to:


A) $166.83 per MH
B) $88.96 per MH
C) $65.12 per MH
D) $192.54 per MH

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Moistner, Inc., manufactures and sells two products: Product E6 and Product W9.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Moistner, Inc., manufactures and sells two products: Product E6 and Product W9.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product E6 would be closest to: A) $586.39 per unit B) $1,265.95 per unit C) $302.82 per unit D) $240.66 per unit The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Moistner, Inc., manufactures and sells two products: Product E6 and Product W9.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product E6 would be closest to: A) $586.39 per unit B) $1,265.95 per unit C) $302.82 per unit D) $240.66 per unit If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product E6 would be closest to:


A) $586.39 per unit
B) $1,265.95 per unit
C) $302.82 per unit
D) $240.66 per unit

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Boesenhofer, Inc., manufactures and sells two products: Product N6 and Product N7.The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Boesenhofer, Inc., manufactures and sells two products: Product N6 and Product N7.The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: The activity rate for the Machine Setups activity cost pool is closest to: A) $73.57 per setup B) $91.81 per setup C) $26.24 per setup D) $28.32 per setup The activity rate for the Machine Setups activity cost pool is closest to:


A) $73.57 per setup
B) $91.81 per setup
C) $26.24 per setup
D) $28.32 per setup

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When a company changes from a traditional costing system to an activity-based costing system, the unit product costs of high-volume products typically change more than the unit product costs of low-volume products.

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The overhead cost per unit of Product S under activity-based costing is closest to:


A) $5.00
B) $1.98
C) $10.00
D) $1.83

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If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product K8 would be closest to:


A) $68.20 per unit
B) $209.60 per unit
C) $439.00 per unit
D) $356.45 per unit

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Which of the following statements concerning the unit product cost of Product N0 is true?


A) The unit product cost of Product N0 under traditional costing is less than its unit product cost under activity-based costing by $3,494.65.
B) The unit product cost of Product N0 under traditional costing is greater than its unit product under activity-based costing by $3,494.65.
C) The unit product cost of Product N0 under traditional costing is less than its unit product cost under activity-based costing by $337.28.
D) The unit product cost of Product N0 under traditional costing is greater than its unit product under activity-based costing by $337.28.

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Matamoros, Inc., manufactures and sells two products: Product D7 and Product J3.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Matamoros, Inc., manufactures and sells two products: Product D7 and Product J3.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product J3 would be closest to: A) $185.78 per unit B) $511.56 per unit C) $540.89 per unit D) $125.23 per unit The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Matamoros, Inc., manufactures and sells two products: Product D7 and Product J3.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product J3 would be closest to: A) $185.78 per unit B) $511.56 per unit C) $540.89 per unit D) $125.23 per unit If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product J3 would be closest to:


A) $185.78 per unit
B) $511.56 per unit
C) $540.89 per unit
D) $125.23 per unit

Correct Answer

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The overhead applied to each unit of Product J8 under activity-based costing is closest to:


A) $629.91 per unit
B) $723.78 per unit
C) $740.39 per unit
D) $405.73 per unit

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The overhead applied to each unit of Product G1 under activity-based costing is closest to:


A) $780.12 per unit
B) $866.76 per unit
C) $830.79 per unit
D) $380.33 per unit

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Kretlow Corporation has provided the following data from its activity-based costing accounting system: Kretlow Corporation has provided the following data from its activity-based costing accounting system: Required: Compute the activity rates for each of the three cost pools.Show your work! Required: Compute the activity rates for each of the three cost pools.Show your work!

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Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:


A) $371,700
B) $387,000
C) $268,300
D) $149,000

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If the materials handling cost is allocated on the basis of direct labor-hours, the total materials handling cost allocated to the wall mirrors is closest to:


A) $2,449
B) $4,144
C) $3,499
D) $3,062

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The overhead applied to each unit of Product Y1 under activity-based costing is closest to:


A) $1,322.49 per unit
B) $1,630.44 per unit
C) $1,424.59 per unit
D) $1,007.64 per unit

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Unit-level activities are performed each time a new departmental unit such as a regional sales office is created.

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If the company allocates all of its overhead based on direct labor-hours using its traditional costing method, the predetermined overhead rate would be closest to:


A) $34.33 per DLH
B) $15.39 per DLH
C) $23.03 per DLH
D) $78.28 per DLH

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The unit product cost of Product N0 under activity-based costing is closest to:


A) $2,525.39 per unit
B) $2,434.27 per unit
C) $2,042.37 per unit
D) $2,996.06 per unit

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