The New Bridge Would Require 14 Piers to Support It

question 13

Multiple Choice

The new bridge would require 14 piers to support it and it was known that each time a pier is sunk into the harbor it would take 30 man hours of labor at $50 per hour.An activity-based costing of the entire pier system results in a total labor cost of:

• A)$19,500.
• B)$21,000.
• C)$22,500.
• D)$24,000.

---

Definitions:

Straight Rebuy

A buying situation in which a business customer signals its satisfaction by agreeing to purchase the same product at the same price.

Continual Buy

Ongoing purchasing actions by consumers for products or services, often due to brand loyalty or satisfaction.

Copy Paper

Standard-sized, thin paper generally used for writing, printing, and photocopying in office and school environments.

Derived Demand

A demand for a commodity, service, or good that arises from the demand for another good or service, for example, the demand for steel being driven by the demand for automobiles.