Question: Activity - based costing ( ABC ) uses one pre - determined overhead rate. cannot be applied to a service company. provides less accurate cost

Activity-based costing (ABC)
uses one pre-determined overhead rate.
cannot be applied to a service company.
provides less accurate cost data compared to a traditional cost system.
allocates overhead to activity cost pools.
Activity-based costing (ABC) uses one pre-determined overhead rate. cannot be applied

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