Accounting 9706 · AS & A Level · Activity based costing (ABC)

Activity based costing (ABC) — practice question

Ahmed makes two products and applies Activity Based Costing (ABC) to spread overhead costs.
(a)[10]

Calculate the full cost per unit of Product X and Product Y by applying ABC.

(b)[3]

Calculate the overhead allocated to each product using the direct labour hour rate.

(c)[4]

Explain what effect the change in method has had on the overhead cost of each product.

(d)[6]

Recommend whether or not Ahmed ought to accept the offer. Justify your decision using appropriate calculations and by considering both financial and non-financial factors.

(e)[2]

State two reasons why a business may use ABC to allocate overhead costs.

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