QUESTION: 1 IN AN ACTIVITY-BASED COSTING SYSTEM, DIRECT MATERIALS USED WOULD TYPICALLY BE CLASSIFIED AS: A. UNIT-LEVEL COST. B. BATCH-LEVEL COST C. PRODUCT-SUSTAINING COST. D. FACILITY-LEVEL COST E. MATRIX-LEVEL COST. QUESTION: 2 A OFFICE AND MORE TRADITIONAL BUDGET WOULD EMPHASIZE EXPENSE CATEGORIES SUCH AS SALARIES, SUPPLIES, MAINTENANCE, WHILE AN ACTIVITY-BASED BUDGET WOULD EMPHASIZE ACTIVITIES PERFORMED. TRUE OR FALSE?
QUESTION: 1 IN AN ACTIVITY-BASED COSTING SYSTEM, DIRECT MATERIALS USED WOULD TYPICALLY BE CLASSIFIED AS: A. UNIT-LEVEL COST. B. BATCH-LEVEL COST C. PRODUCT-SUSTAINING COST. D. FACILITY-LEVEL COST E. MATRIX-LEVEL COST. QUESTION: 2 A OFFICE AND MORE TRADITIONAL BUDGET WOULD EMPHASIZE EXPENSE CATEGORIES SUCH AS SALARIES, SUPPLIES, MAINTENANCE, WHILE AN ACTIVITY-BASED BUDGET WOULD EMPHASIZE ACTIVITIES PERFORMED. TRUE OR FALSE?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:QUESTION: 1
IN AN ACTIVITY-BASED COSTING SYSTEM,
DIRECT MATERIALS USED WOULD TYPICALLY BE
CLASSIFIED AS:
A. UNIT-LEVEL COST.
B. BATCH-LEVEL COST
C. PRODUCT-SUSTAINING COST.
D. FACILITY-LEVEL COST
E. MATRIX-LEVEL COST.
QUESTION: 2
A
OFFICE
AND
MORE TRADITIONAL BUDGET WOULD
EMPHASIZE EXPENSE CATEGORIES SUCH AS
SALARIES,
SUPPLIES,
MAINTENANCE, WHILE AN ACTIVITY-BASED
BUDGET WOULD EMPHASIZE ACTIVITIES
PERFORMED. TRUE OR FALSE?
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