National Inc

question 124

Multiple Choice

National Inc. manufactures two models of CMD that can be used as cell phones, MPX, and digital camcorders.Using activity-based costing, total overhead per unit of the High F model is (rounded to the nearest cent) :

• A)$42.61.
• B)$45.99.
• C)$61.32.
• D)$66.73.
• E)$168.00.

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Definitions:

Ownership Interest

Refers to the portion of a property or company that is owned by a specific investor or owner.

Real Asset

A tangible object with value derived from the service it provides such as a house or a car. Distinguish from a financial asset, which is a piece of paper giving its owner a claim to future cash flows.

Equipment

Assets used in the operations of a business, typically consisting of machinery, tools, and vehicles.

Stock

Ownership shares in a corporation, representing a claim on part of the corporation's assets and earnings.