Use the Graph to Answer the Question

question 223

Multiple Choice

Use the graph to answer the question.
-Which month in 2001 had the highest sales?

• A)Month 6
• B)Month 5
• C)Month 3
• D)Month 12

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Definitions:

Legal Firm

A business that provides legal services and is staffed by lawyers.

Activity-Based Costing

A method of allocating overhead and indirect costs to specific products or projects based on their use of resources.

Activity Rate

The cost driver rate that is used to assign activity costs to products or services based on their consumption of the activity.

Cost Pools

Groups of individual costs combined to allocate costs more efficiently.