1.

Calculate the budgeted full production cost per unit of product X using Duff’s co current
method of absorption costing to the nearest $0.01

2. Calculate the total material ordering cost for product Y to the nearest $

$
 3. Calculate the machine running and general facility costs per unit for Product Z to the nearest
$0.01

4. Calculate the budgeted full production cost per unit of product X using ABC to the nearest
$0.01, on the basis that total overheads allocated to product X under activity-based costing
are $492,824

$
5. Which two of the following statements about ABC are correct?
o ABC is useful for production overheads
o ABC is most useful when overheads are related to volume
o ABC is an absorption costing system
o ABC must be based on activities that are measurable in quantitative terms.