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Practice Exam
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1
Angelina Company uses activity-based costing to determine the costs of its two products: A and B. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows:

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The activity rate under the activity-based costing system for Activity 3 is closest to:
A)$4.00.
B)$8.59.
C)$18.00.
D)$20.00.
2
Condit Company has two products: A and B. The company uses activity-based costing and has prepared the following analysis showing the estimated total cost and expected activity for each of its three activity cost pools:

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The annual production and sales level of Product A is 9,094 units. The annual production and sales level of Product B is 15,826. The activity rate under the activity-based costing system for Activity 3 is closest to:
A)$29.32.
B)$30.00.
C)$33.33.
D)$41.53.
3
DuPage Company uses activity-based costing to compute product costs for external reports. The company has three activity cost pools and applies overhead using predetermined overhead rates for each activity cost pool. Estimated costs and activities for the current year are presented below for the three activity cost pools:

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Actual costs and activities for the current year were as follows

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The total amount of the debits to the Manufacturing Overhead account during the year was closest to:
A)$248,508.
B)$248,988.
C)$251,110.
D)$250,334.
4
DuPage Company uses activity-based costing to compute product costs for external reports. The company has three activity cost pools and applies overhead using predetermined overhead rates for each activity cost pool. Estimated costs and activities for the current year are presented below for the three activity cost pools.

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Actual costs and activities for the current year were as follows:

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The total amount of the credits to the Manufacturing Overhead account during the year was closest to:
A)$248,508.
B)$248,988.
C)$250,155.
D)$251,334.





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