Parrish Company Parrish Company Uses Activity-Based Costing

question 20

Multiple Choice

Parrish Company Parrish Company uses activity-based costing. The company produces two products: IPods and MP3 players. The annual production and sales volume of IPods is 8,000 units and of MP3 players is 6,000 units. There are three activity cost pools with the following expected activities and estimated total costs:
Refer to Parrish Company. Using ABC, the cost per unit of MP3 players is approximately:

• A) $ 2.40
• B) $ 3.90
• C) $12.00
• D) $15.90

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Definitions:

EOF-controlled

EOF-controlled loops continue to execute until the End of File (EOF) is reached, typically used in file reading operations to process each element until the file ends.

Counter-controlled

Relates to loops or iterations that are controlled or managed by a counter variable which dictates the number of times the loop will execute.

For Loop

A control flow statement that repeats a block of code a certain number of times, based on a given condition.

Executes

Refers to the process where a computer or program carries out the instructions in a command or script.