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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?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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?
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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