Levine Company Levine Company Produces Two Products: a and B

question 111

Multiple Choice

Levine Company Levine Company produces two products: A and B The company has three overhead functions that are required for both products.
Below is production information for Products A and B:
The company produces 800 units of Product A and 8,000 units of Product B each period.
The overhead functions have the following hourly costs:
Refer to Levine Company If total overhead is assigned to A and B on the basis of units produced,Product B will have an overhead cost per unit of

• A)$84.00.
• B)$88.64.
• C)$110.64.
• D)None of the responses are correct.

---

Definitions:

Waiver

A voluntary relinquishment or surrender of some known right or privilege.

Release

A promise not to sue or press a claim, or a discharge of a person from any further responsibility to act.

Neurological Disease

A condition affecting the nervous system, including the brain, spinal cord, and nerves.

Specific Performance

A legal remedy that requires a party to perform a specific act, often the fulfillment of a contract, rather than simply paying damages for failing to fulfill it.