Understanding Activity Based Costing and its Relation to Cost of Quality Management

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Business
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University
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of activity-based costing in quality management?
To assign overhead costs to specific activities
To eliminate indirect costs
To reduce the overall production cost
To allocate direct costs to products
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a subcategory of the cost of quality?
Prevention costs
Internal failure costs
Appraisal costs
Direct production costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge in allocating costs to quality activities?
Overhead costs are too low
Excessive direct labor costs
Difficulty in tracing costs to their sources
Lack of direct costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the ABC method, what is the purpose of dividing activities into pools?
To associate costs with specific activities
To reduce the number of activities
To increase the number of cost categories
To simplify the production process
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a recommended practice for applying ABC to cost of quality?
Individual job sampling
Increasing direct labor
General cost estimation
Reducing the number of activities
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