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

question 88

Multiple Choice

Use the information below to answer the following question(s) :
Martin Corporation manufactures two products-Plows and Harrows. The annual production and sales of Plows is 1,000 units, while 2,000 units of Harrows are produced and sold. The company has traditionally used direct labour hours to allocate its overhead to products. Plows require 5.0 direct labour hours per unit, while Harrows require 2.0 direct labour hours per unit. The total estimated overhead for the period is $603,500. 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 plow using an activity-based costing system would be closest to

• A) $216.00.
• B) $201.00.
• C) $112.17.
• D) $349.17.

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Definitions:

Collectivism

The belief that people should prioritize the good of society above the advancement of the individual.

Circadian Rhythm

A natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Political Ideology

A set of principles, ideas, and doctrines used to organize and administer social order.

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people.