a . $ 50,000
b . $ 62,500
c . $ 7.50
d . $ 75,000
14 . The process of identifying appropriate cost drivers and their effects on the costs of making a product or providing a service is called ________.
a . account analysis b . product analysis c . cost analysis d . activity analysis
15 . A disadvantage of engineering analysis which is used to estimate cost functions is ________.
a . it is a costly process b . it is not acceptable under Generally Accepted Accounting Principles c . it cannot be used with mixed costs d . it fails to produce a cost function