Quantum Corporation Has Provided the Following Data from Its Activity-Based

question 48

Multiple Choice

Quantum Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product J71B a year,requiring a total of 980 machine-hours,36 orders,and 22 inspection-hours per year.The product's direct materials cost is $27.50 per unit and its direct labor cost is $18.10 per unit.According to the activity-based costing system,the total cost for producing the 340 units of the J71B product is:

• A)$15,504.00
• B)$30,972.72
• C)$37,126.72
• D)$21,622.72
• E)$17,957.92

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Definitions:

Squared Deviation

The square of the difference between a value and a reference point or mean, often used in statistics to measure variability.

Mean

A statistical measure representing the average value of a set of numbers, calculated by dividing the sum of all values by the number of values.

Standard Deviation

Refers to the statistical measurement that quantifies the dispersion or spread of a set of data points relative to their mean.

Bowling Scores

Numeric representations of a player's performance in the game of bowling, typically the total number of pins knocked down.