Activity-based costing systems: use a single, volume-based cost driver. assign overhead to products based on the products'
Fantastic news! We've Found the answer you've been seeking!
Question:
Activity-based costing systems:
use a single, volume-based cost driver.
assign overhead to products based on the products' relative usage of direct labor.
often reveal products that were under- or over-costed by traditional costing systems.
typically use fewer cost drivers than more traditional costing systems.
have a tendency to distort product costs.
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date: