Question: In the second-stage allocation in activity-based costing, activity rates are used to apply costs to products, customers, and other cost objects. True False Most organizations

In the second-stage allocation in activity-based costing, activity rates are used

to apply costs to products, customers, and other cost objects. True False

In the second-stage allocation in activity-based costing, activity rates are used to apply costs to products, customers, and other cost objects. True False Most organizations that use ABC have two costing systems-the official costing system, which is used to prepare external financial reports, and the ABC system, which is used for internal decision making and for managing activities. True O False

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