70.2K
Verified Solution
Link Copied!
Question 5 (5 points)
Which of the following would be considered a non-volume-based cost driver?
Question 5 options:
| | Number of units produced |
| | Direct labor hours |
| | Number of machine hours |
| | Number of quality control inspections |
Question 6 (5 points)
Machine setup is an example of an activity at which activity hierarchy level in ABC?
Question 6 options:
| | Unit level |
| | Batch level |
| | Facility level |
| | Product level |
Question 7 (5 points)
Which of the following is an example of a step cost?
Question 7 options:
| | Car payment |
| | Instructor salary per class at a university |
| | Rent |
| | Utilities |
Question 8 (5 points)
Total contribution margin is
Question 8 options:
| | the difference between total sales revenue and total cost of goods sold. |
| | the difference between total sales revenue and total variable cost. |
| | the difference between total sales revenue and total fixed cost. |
| | the difference between total variable cost and total fixed cost. |
Answer & Explanation
Solved by verified expert
