Subject :-Account A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activities are shown in the following table:Budgeted ActivityProduct B9,80015,8001,800Multiple ChoiceActivityActivity 1Activity 2Activity 3How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.)Budgeted Cost$ 78,000$ 53,000$ 98,000о$89,356.14$78,000.00$68,822.42$229,000.00Activity Cost DriverSquare feetUnits inspectedSetups$69,726.04Product A6,8007,8003,300Product C20,8008,8002,425

Under activity-based costing different activity rates are calculated depending upon the activity…

uses activity-based cost Multiple Choice $89,356.14 O $78,000.00 Activity Budgeted Cost Activity 1 $ 78,000 $ 53,000 Activity 2 Activity 3 $ 98,000 How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.) $68,822.42 $229,000.00 costs of 1 O $69,726.04 Activity Cost Driver Square feet Units inspected Setups budgeted cost and activity Budgeted Activity Product B Product A 6,800 7,800 3,300 9,800 15,800 1,800 ee activities Product C 20,800 8,800 2,425 the following table

uses activity-based cost Multiple Choice $89,356.14 O $78,000.00 Activity Budgeted Cost Activity 1 $ 78,000 $ 53,000 Activity 2 Activity 3 $ 98,000 How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.) $68,822.42 $229,000.00 costs of 1 O $69,726.04 Activity Cost Driver Square feet Units inspected Setups budgeted cost and activity Budgeted Activity Product B Product A 6,800 7,800 3,300 9,800 15,800 1,800 ee activities Product C 20,800 8,800 2,425 the following table

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 9MC: Which is not a step In activity-based costing? A. identify the activities performed by the...

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