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Figure 4-21 Jones Manufacturing Uses an Activity-Based Costing System

Question 94

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Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows: The following overhead costs are reported for the following activities of the production process: Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below: Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach, what cost would be assigned to the labor related cost pool? A) 0 B) $120,000 C) $255,000 D) $315,000 The following overhead costs are reported for the following activities of the production process:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows: The following overhead costs are reported for the following activities of the production process: Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below: Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach, what cost would be assigned to the labor related cost pool? A) 0 B) $120,000 C) $255,000 D) $315,000 Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below:
Figure 4-21 Jones Manufacturing uses an activity-based costing system.The company produces Model X and Model Y.Information relating to the two products is as follows: The following overhead costs are reported for the following activities of the production process: Jones manufacturing has used activity based costing to assign costs to Models X and Y as given in the table below: Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment. - Refer to Figure 4-21.Under this new approach, what cost would be assigned to the labor related cost pool? A) 0 B) $120,000 C) $255,000 D) $315,000 Jones Manufacturing wants to implement an approximately relevant ABC system by using the two most expensive activities for cost assignment.
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Refer to Figure 4-21.Under this new approach, what cost would be assigned to the labor related cost pool?


A) 0
B) $120,000
C) $255,000
D) $315,000

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