Use the Information Below to Answer the Following Question(s)

question 131

Multiple Choice

Use the information below to answer the following question(s) :
Vittoria Corporation manufactures two products-Carts and Wheelbarrows. The annual production and sales of Carts is 2,000 units, while 1,800 units of Wheelbarrows are produced and sold. The company has traditionally used direct labour hours to allocate its overhead to products. Carts require 1.0 direct labour hours per unit, while Wheelbarrows require 0.5 direct labour hours per unit. The total estimated overhead for the period is $117,500. The company is looking at the possibility of changing to an activity-based costing system for its products. If the company used an activity-based costing system, it would have the following three activity cost pools:
Expected Activity

-The overhead cost per Wheelbarrow using an activity-based costing system would be closest to

• A) $27.50.
• B) $65.00.
• C) $65.28.
• D) $24.75.

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Definitions:

Observing

The act of carefully watching and noting phenomena as they occur in order to gather information or come to a conclusion.

Mimicking

The act of imitating someone's actions, speech, or mannerisms, often to enhance social bonding or learning.

Rule Violations

Acts that go against set guidelines or laws, which can range from social norms to legal boundaries.

Associative Play

A stage of play in which children play alongside each other with minimal interaction or cooperation, yet there is some form of association between their activities.