Activity-based costing uses a number of activity cost pools, each of which is allocated to products on the basis of direct labor-hours.
Answer the following statement true (T) or false (F)
False
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Devon Company uses activity-based costing to determine the costs of its two products: A and B. The total estimated cost of the purchasing function activity pool is $14,000. The cost driver for that pool equals number of purchase orders. A total of 400 purchase orders are expected to be issued for the budgeted production of Product A and 300 purchase orders are expected to be issued for the budgeted production of Product B. The activity rate for the purchasing cost pool is:
Which of the following is NOT a channel intermediary?
A) the supplier of the raw materials used to make glass windows B) the distributor who sells stained glass windows C) the wholesaler who buys the stained glass window from its creator D) the showroom that displays glass windows for customers to see E) the manufacturers' agent who sells the stained glass windows
Dividing total fixed costs by the contribution margin ratio yields break-even point in sales dollars
Indicate whether the statement is true or false
An employer has 80 employees in the bargaining unit. After certification, a representation election was held and only 40 employees actually voted. At least __________ employees must vote "no" for the union to lose the election.
A. 18 B. 19 C. 20 D. 21