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The estimated selling price of a new mobile phone is RO 55. The company wants to earn a mark up of 10% on cost. The estimated actual cost is RO 53. The cost gap is: O a. RO 3 O b. RO 2 O c. RO 1 O d. RO 4 Pioneer Company uses activity based costing and gives you the following data regarding cost pools and estimated overhead cost for each pool. Machine related RO 180,000 Material handling RO 120,000 Purchase related RO 350,000 General factory RO 310,000 The amount of total estimated overhead is: O a. RO 660,000 O b. RO 650,000 O c. RO 960,000 O d. RO780,000

The estimated selling price of a new mobile phone is RO 55. The company wants to earn a mark up of 10% on cost. The estimated actual cost is RO 53. The cost gap is: O a. RO 3 O b. RO 2 O c. RO 1 O d. RO 4 Pioneer Company uses activity based costing and gives you the following data regarding cost pools and estimated overhead cost for each pool. Machine related RO 180,000 Material handling RO 120,000 Purchase related RO 350,000 General factory RO 310,000 The amount of total estimated overhead is: O a. RO 660,000 O b. RO 650,000 O c. RO 960,000 O d. RO780,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The estimated selling price of a new mobile phone is RO 55. The company wants to earn a mark up of 10% on cost. The estimated actual cost is RO 53. The cost gap is: O a. RO 3 Оь RO 2 O c. RO 1 O d. RO 4 Pioneer Company uses activity based costing and gives you the following data regarding cost pools and estimated overhead cost for each pool. Machine related RO 180,000 Material handling RO 120,000 Purchase related RO 350,000 General factory RO 310,000 The amount of total estimated overhead is: a. RO 660,000 Ob. RO 650,000 O c. RO 960, 000 O d. RO780,000
Transcribed Image Text:The estimated selling price of a new mobile phone is RO 55. The company wants to earn a mark up of 10% on cost. The estimated actual cost is RO 53. The cost gap is: O a. RO 3 Оь RO 2 O c. RO 1 O d. RO 4 Pioneer Company uses activity based costing and gives you the following data regarding cost pools and estimated overhead cost for each pool. Machine related RO 180,000 Material handling RO 120,000 Purchase related RO 350,000 General factory RO 310,000 The amount of total estimated overhead is: a. RO 660,000 Ob. RO 650,000 O c. RO 960, 000 O d. RO780,000
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