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7:45 PM No SIM bb.umflint. edu Remaining Time: 1 hour, 53 minutes, 47 seconds. Q

ID: 2562384 • Letter: 7

Question

7:45 PM No SIM bb.umflint. edu Remaining Time: 1 hour, 53 minutes, 47 seconds. Question Completion Status: QUESTION 23 When switching from a traditional costing system to an activity-based costing system that contains some batch-level costs: O the unit product costs of both high and low volume products typically increase. O the unit product costs of both high and low volume products typically decrease. O the unit product costs of high volume products typically increase and the unit product costs of low volume products typically decrease O the unit product costs of high volume products typically decrease and the unit product costs of low volume products typically increase. QUESTION 24 In activity-based costing, the activity rate for an activity cost pool is computed by dividing the total overhead cost in the activity cost pool by: O the direct labor-hours required by the product O the machine-hours required by the product. 0 the total activity for the activity cost pool the total direct labor-hours for the activity cost pool QUESTION 25 Activity-based costing is a costing method that is designed to provide managers with product cost O True False QUESTION 26 Click Save and Subunit to save and subunit. Click Save All Ansvers to save all anstvers. Save All Ans

Explanation / Answer

23..

answer is

the unit product costs of high volume products typically decrease and the unit product costs of low volume products typically increase

traditional costing depends on cost driver and activity based costing depends on machine hours

24... answer is

the total activity for the activity cost pool.

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