ACC 406 MIDTERM #1 EXAM WITH
CORRECT QUESTIONS AND ANSWERS
2025
Functional-based systems - CORRECT-ANSWERSbased on volume measures such as direct
labor hours and machine hours
2 types of functional-based systems - CORRECT-ANSWERS1. Plantwide rates
2. Departmental rates
Unit-level activities - CORRECT-ANSWERSactivities performed each time a unit is produced
Non-unit-level activities - CORRECT-ANSWERSactivities that are not perfored each time a
unit is produced
ABC cost types (4) - CORRECT-ANSWERS1. unit-level
2. batch-level
3. product-sustaining
4. facility-sustaining
CORRECT QUESTIONS AND ANSWERS
2025
Functional-based systems - CORRECT-ANSWERSbased on volume measures such as direct
labor hours and machine hours
2 types of functional-based systems - CORRECT-ANSWERS1. Plantwide rates
2. Departmental rates
Unit-level activities - CORRECT-ANSWERSactivities performed each time a unit is produced
Non-unit-level activities - CORRECT-ANSWERSactivities that are not perfored each time a
unit is produced
ABC cost types (4) - CORRECT-ANSWERS1. unit-level
2. batch-level
3. product-sustaining
4. facility-sustaining
