After Graduating from High School,Ron Willis Plans to Go to College.The

question 100

Multiple Choice

After graduating from high school,Ron Willis plans to go to college.The college tuition is $15,000 a year.But,instead of going to college,Ron could take a full-time job paying $20,000.If Ron decides to go to college,what is his total cost for attending for one year?

• A) $5,000.
• B) $15,000.
• C) $20,000.
• D) $35,000.
• E) $40,000.

---

Definitions:

Product-level Activity

Activities or costs in cost accounting that are directly tied to specific products, including design and setup costs.

Unit-level Activity

Tasks or operations that vary with the number of units produced, such as assembling or packaging.

Resource Consumption

The amount of resources used during a process, such as raw materials, energy, or labor.

Activity Rate

The cost incurred per unit of activity, used in activity-based costing to allocate overhead costs to products.