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Question 5 (5 points) Which of the following would be considered a non-volume-based...

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Question

Finance

Question 5 (5 points)

Which of the following would be considered a non-volume-based cost driver?

Question 5 options:

Number of units produced

Direct labor hours

Number of machine hours

Number of quality control inspections

Question 6 (5 points)

Machine setup is an example of an activity at which activity hierarchy level in ABC?

Question 6 options:

Unit level

Batch level

Facility level

Product level

Question 7 (5 points)

Which of the following is an example of a step cost?

Question 7 options:

Car payment

Instructor salary per class at a university

Rent

Utilities

Question 8 (5 points)

Total contribution margin is

Question 8 options:

the difference between total sales revenue and total cost of goods sold.

the difference between total sales revenue and total variable cost.

the difference between total sales revenue and total fixed cost.

the difference between total variable cost and total fixed cost.

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