| Question 1.1. (TCO 5) What is full costing? How does it differ from variable costing? (Points : 15)
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| Question 2.2. (TCO 6) What is the first step in the cost allocation process? What is done in this step? (Points : 15)
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| Question 3.3. (TCO 7) What is an incremental cost? What is an example of one? (Points : 15)
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| Question 4.4. (TCO 8) What is activity-based pricing? How is the price determined? (Points : 15)
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