When Using Activity-Based Costing, We Recognise Four Types of Activity

question 95

Multiple Choice

When using activity-based costing, we recognise four types of activity costs: unit level, batch level, product level and facility level. Under activity-based budgeting, which of the following types of cost would be 'flexed'?

• A) Product level
• B) Batch level
• C) Unit level
• D) All of the given answers

Learn to set properties such as Default Value and Field Size for fields within tables.

Recognize the steps involved in designing related tables within a database.

Understand the role of foreign keys in relating tables within a database.

Know how to use the Import Spreadsheet Wizard and its settings for importing data into Access.

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Definitions:

Forming Department

A section within a manufacturing facility where materials are shaped or formed into parts or products.

Assembly Department

A section in a manufacturing facility where components are assembled into final products.

Direct Labor-Hours

The total hours worked by employees directly involved in manufacturing a product or providing a service, often used to allocate manufacturing overhead.

Machine-Hours

A measure of production activity that quantifies the total hours a machine is operated within a given period.