What is the reason for pooling costs?
A. To shift costs from low-volume to high-volume products.
B. It simplifies departmental overhead costing procedures.
C. Determining a pool rate for all costs incurred by the same activity reduces the number of cost assignments required.
D. This procedure helps to determine which costs are directly related to production volume.
E. It is a budgeting technique designed to accurately track fixed costs.
Answer: C
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If an employee is receiving unemployment compensation, the employee
A. Should register with the state's public employment agency. B. Is required by law to register with the state's public employment agency. C. Is required to wait until the benefits are depleted before registering with the state's public employment agency. D. Should register with the United States Employment Service.
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Indicate whether the statement is true or false
A publisher of photography books finds that it is cost-effective to print 10,000 or more at a time. But a bookstore orders only a few copies of each book, since its customers want to select from a wide variety. This example shows
A. why discrepancies of quantity occur. B. why both discrepancies of quantity and discrepancies of assortment occur. C. neither discrepancies of assortment nor discrepancies of quantity. D. multichannel distribution. E. why discrepancies of assortment occur.