Beartowne Enterprises Uses an Activity-Based Costing System to Assign Costs

question 155

Multiple Choice

Beartowne Enterprises uses an activity-based costing system to assign costs in its auto-parts division.

The following units were produced in December with the following information:

Total manufacturing costs for Part 001 is

• A)$4,625.
• B)$1,500.
• C)$7,125.
• D)$4,000.

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Definitions:

Set of Data

A collection of related pieces of information, often numerical, that are used for analysis.

Mathematical Average

Another term for mean, referring to the central value of a discrete set of numbers, specifically the sum of the values divided by the number of values.

Distribution

Refers to the way in which something is shared or exists across different areas or among various groups.

Median

The median is the value that falls in the middle of a dataset after it has been sorted in either increasing or decreasing order.