Addison Company Has Two Products: a and B

question 47

Multiple Choice

Addison Company has two products: A and B. Annual production and sales are 800 units of Product A and 700 units of Product B. The company has traditionally used direct labour-hours as the basis for applying all manufacturing overhead to products. Product A requires 0.2 direct labour hours per unit and Product B requires 0.6 direct labour hours per unit. The total estimated overhead for next period is $71,286.
The company is considering switching to an activity-based costing system for the purpose of computing unit product costs for external reports. The new activity-based costing system would have three factory overhead activity cost pools—Activity 1, Activity 2, and General Factory—with estimated overhead costs and expected activity as follows:

(Note: The General Factory activity cost pool's costs are allocated on the basis of direct labour hours.)
-(Appendix 5B) The overhead cost per unit of Product B under the activity-based costing system is closest to:

• A) $73.74
• B) $56.62
• C) $22.38
• D) $47.52

Understand the biopsychosocial approach to abnormality, including how it can be applied to conditions such as depression.

Understand different psychotherapeutic drug treatments, including their advantages and disadvantages.

Differentiate between psychodynamic therapy and cognitive therapy, including their benefits, drawbacks, and applicability to depression treatment.

Understand what is meant by "eclectic" in therapeutic practice and be able to describe examples of eclectic approaches.

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Definitions:

Forward Exchange Rate

The exchange rate at which two parties agree to exchange currencies at a future date.

Forward Trade

A non-standardized contract between two parties to buy or sell an asset at a specified future date for a price that is agreed upon today.

Spot Exchange Rate

The current price for exchanging one currency for another for immediate delivery, reflecting the value of one currency in terms of another at a specific moment in time.

Forward Trade

A financial contract agreement to buy or sell assets at a specified future date and price, used primarily in commodity and currency markets.