Reference no: EM132667334
Problem 1: Which of the following is/are part of activity-based management?
Activity analysis -NO ; Cost driver analysis - NO
Activity analysis -YES ; Cost driver analysis - YES
Activity analysis -YES ; Cost driver analysis - NO
Activity analysis -NO ; Cost driver analysis - YES
Lead time minus production time is equal to
Option 1: value-added time
Option 3: idle time
Option 4: non-value-added time
Option 5: storage time
Problem 2: Examples of product-level activity drivers include:
Option 1: units of output and direct labor hours
Option 2: number of products and design changes
Option 3: square footage occupied
Option 4: number of batches and material moves