If Activity-Based Costing Is Used, Electricity Usage Would Be an Example

question 27

Multiple Choice

If activity-based costing is used, electricity usage would be an example of a

• A)unit-level activity.
• B)batch-level activity.
• C)product-level activity.
• D)facility-level activity.

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Definitions:

PERT Times

Estimated durations for activities involved in a project, used in the Program Evaluation and Review Technique for planning and scheduling.

Optimistic Time

The “best” activity completion time that could be obtained in a PERT network.

Probable Time

An estimate of the amount of time that might reasonably be expected to be needed to complete a specific task or project.

Expected Activity Time

In project management, it's the best estimate of the time required to complete a task, considering various factors like resources and complications.