GB 519 RANK Extraordinary Life/gb519rank.com GB 519 RANK Extraordinary Life/gb519rank.com | Page 22

Purchase cost of machines. UNIT 2 QUIZ

Question 7. Question: In an activity-based costing system, overhead costs are divided

into separate: Student Answer: Cost objects. Activity cost pools.

Resource consumption and activity consumption cost drivers.

Product-line cost pools. Plantwide or departmental cost pools.

Question 8. Question: Which of the following is a batchlevel cost driver?

Student Answer: Output units. Number of employees. Number of orders. Number of parts.