Brisky Corporation Uses Activity-Based Costing to Compute Product Margins

question 88

Multiple Choice

Brisky Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-equipment depreciation and supervisory expense-to three activity cost pools-Machining, Order Filling, and Other-based on resource consumption. Data to perform these allocations appear below: In the second stage, Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Finally, sales and direct cost data are combined with Machining and Order Filling costs to determine product margins.


-The activity rate for the Machining activity cost pool under activity-based costing is closest to:

• A)$1.40 per MH
• B)$30.00 per MH
• C)$0.70 per MH
• D)$0.55 per MH

Recognize the difference between sensation and perception and their interacting mechanisms, including top-down and bottom-up processing.

Comprehend and differentiate among various vision theories such as trichromatic and opponent-process theories.

Identify the roles of specific anatomical parts of the eye in vision.

Explain the physiological and psychological basis of subliminal perception.

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Definitions:

Lettuce Crop

The cultivation and production of lettuce, a leafy green vegetable commonly used in salads and other dishes.

Economy Moves

The various shifts and changes in the economic activities and conditions within an economy over time.

Supply

The total amount of a specific good or service that is available to consumers at a particular price over a given period.

Equilibrium Price

The price at which the quantity of a good supplied equals the quantity of the good demanded.