Which limited resources first be allocated to product with

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Reference no: EM132796522

Problem 1: Activity-based costing systems:

Option 1: use a single, volume-based cost driver.

Option 2: assign overhead to products based on the products' relative usage of direct labor.

Option 3: often reveal products that were under- or over-costed by traditional costing systems.

Option 4: typically use fewer cost drivers than more traditional costing systems.

Option 5: have a tendency to distort product costs.

Problem 2: In an effort to achieve short-run profit maximization, limited resources should first be allocated to the product with:

Option 1: The highest contribution margin per unit

Option 2: The highest contribution per unit of constraining factor

Option 3: The highest selling price per unit of constraining factor

Option 4: The lowest cost per unit of constraining factor

Reference no: EM132796522

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