Activity based costing allocates indirect costs to fixed costs based on different types of cost drivers. Which of the following is one of the cost drivers that serve as a basis of cost allocation?
a. number of units produced
b. number of labor hours
c. quantity of materials used
d. direct equipment costs
A
Business
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An employee cannot collect a workers' compensation claim if the injury did not arise out of the
course of employment. Indicate whether the statement is true or false
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When the variable cost per unit increases, the contribution margin on each unit decreases
Indicate whether the statement is true or false
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Average utilization is:
A) 67%. B) 72.5%. C) 83.4%. D) 95%.
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Which of the following legislations gives individuals the right to sue for punitive damages?
A. Americans with Disabilities act of 1990 B. Civil Rights Act of 1991 C. Lilly Ledbetter Fair Pay Act of 2009 D. Mandatory Retirement Act of 1978
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