Do It! Review 4-1 Indicate whether the following statements are true or false. (a) The reasoning behind ABC cost allocation is that products consume activities and activities consume resources. (b) Activity-based costing is an approach for allocating direct labor to products. (c) In today's increasingly automated environment, direct labor is never an appropriate basis for allocating costs to products. (d) A cost driver is any factor or activity that has a direct cause-effect relationship with resources consumed. (e) Activity-based costing segregates overhead into various cost pools in an effort to provide more accurate cost information. Click If you would like to Show Work for this question: Open Show Work CALCULATOR PRINTER VERSION Brief Exercise 4-3 Splash Co. Identifies the following activities that pertain to manufacturing overhead for its production of waterpolo balls, for each activity, identify an appropriate cost driver Activity Cost Driver Materials handling Machine setups Factory machine maintenance Factory supervision Quality control Click If you would like to show Work for this questions Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT AT