Question: A. Why do managers allocate overhead costs to products? B. Describe the three methods of allocating overhead costs. C. What is a cost pool, and

A. Why do managers allocate overhead costs to products? B. Describe

A. Why do managers allocate overhead costs to products? B. Describe the three methods of allocating overhead costs. C. What is a cost pool, and how does it relate to allocating overhead to products? D. What is the difference between an activity and a cost driver? E. What are some advantages of using an activity-based costing system? F. What are some disadvantages of using an activity-based costing system? G. What is the difference between a value-added activity and a non-value-added activity

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