Companies using activity-based costing

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Reference no: EM132065173

1. Companies using activity-based costing have learned that cost are a function of.

A. Volume and Activities

B. Time and complexity

C. Volume and time

D. Resources and time

E.volume and resources

2. You want to buy soybeans and you have $250USD to spend. The domestic price is $0.60USD per pound. You can also buy soybeans with free shipping from Japan and China. The price in Japan is 62 yen per pound and the price in China is 4.8 yuan per pound. The spot US-JP exchange rate is 115 Japanese Yen and the JP-CN exchange rate is 0.06 Chinese Yuan. What is the maximum quantity of soybeans that you can afford to buy?

A. 463.71 lb

B. 5989.58 lb

C. 359.38 lb

D. Answer is not possible or not listed

E. 416.68 lb

Reference no: EM132065173

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