Question: 2 points QUESTION 3 O Activity-based costing differs from job-order costing in the following way: Activity-based costing relies on estimated overhead costs to allocate overhead
2 points QUESTION 3 O Activity-based costing differs from job-order costing in the following way: Activity-based costing relies on estimated overhead costs to allocate overhead to products, whereas job-order costing relies on actual overhead costs. Job-order costing relies on estimated units of an allocation base to calculate predetermined rates, whereas activity-based costing relies on actual units of an allocation base when calculating these rates. Activity-based costing assumes that all products use similar amounts and types of factory resources, whereas job-order costing does not make this assumption. Job-order costing assumes that all products use similar amounts and types of factory resources, whereas activity-based costing does not make this assumption. Net
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