(21) How is an activity-based costing (ABC) cost driver activity rate computed? Cost pool total divided by the number of cost driver events O Direct labor hours divided by the number of cost driver events O Cost driver events divided by the number of cost pools O Cost of goods sold divided by the number of cost driver events (20) Which category of overhead includes costs such as inspections, machine setups, and movement of and accounting for materials? Product line Unit Batch Facility support

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 13MC: Which of the following are prime costs? A. indirect materials, indirect labor, and direct labor B....
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(21) How is an activity-based costing (ABC) cost driver
activity rate computed?
Cost pool total divided by the number of cost
driver events
O Direct labor hours divided by the number of cost
driver events
O Cost driver events divided by the number of cost
pools
O Cost of goods sold divided by the number of cost
driver events
Transcribed Image Text:(21) How is an activity-based costing (ABC) cost driver activity rate computed? Cost pool total divided by the number of cost driver events O Direct labor hours divided by the number of cost driver events O Cost driver events divided by the number of cost pools O Cost of goods sold divided by the number of cost driver events
(20) Which category of overhead includes costs such as
inspections, machine setups, and movement of and
accounting for materials?
Product line
Unit
Batch
Facility support
Transcribed Image Text:(20) Which category of overhead includes costs such as inspections, machine setups, and movement of and accounting for materials? Product line Unit Batch Facility support
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