Lo 2.2total costs for abc distributing are $250,000 when the activity level is 10,000 units. if variable costs are $5 per unit, what are their fixed costs?

$240,000
$200,000
$260,000
their fixed costs cannot be determined from the information presented.

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above