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

question 156

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 unit costs for Part 001 is closest to (round to two decimal points)

• A)$5.70.
• B)$14.84.
• C)$9.37.
• D)$5.36.

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Definitions:

Bin Width

The size of intervals in a histogram or frequency distribution, affecting data visualization and analysis.

Lower Bin Limit

The smallest value in a range (bin) for grouping data points in a histogram or frequency distribution chart.

Histogram

A graphical display of data using bars of different heights to represent the frequency of numerical data intervals.

Bin Width

The size of intervals in a histogram or bar chart, determining the range of values each bin or bar represents.