Match each of the following terms a through j with the appropriate definitions 1 through 10.(a) Cost object(b) Activity(c) Facility-level activities(d) Activity-based costing(e) Batch level activities(f) Activity-based management(g) Pool rate(h) Activity cost driver(i) Value-added activities(j) Cost pool_____ (1) Actions which add value to a product._____ (2) Actions which cause costs to be incurred._____ (3) A collection of costs that are related to the same or similar activity._____ (4) An outgrowth of ABC that uses the link between activities and costs._____ (5) The target of a cost assignment._____ (6) Activities performed only on groups of units._____ (7) Factor that drives cost._____ (8) An allocation rate used to assign overhead costs to cost objects._____ (9) A cost allocation
method that focuses on activities performed. _____(10) Activities performed to sustain facility capacity as a whole.
What will be an ideal response?
(1) i, (2) b, (3) j, (4) f, (5) a, (6) e, (7) h, (8) g, (9) d, (10) c
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