Item$5$

Time Remaining $27$ minutes $1$ second

$00$:$27$:$01$

Item $5$

Time Remaining $27$ minutes $1$ second

$00$:$27$:$01$

What are three advantages of activity$-$based costing over traditional volume$-$based allocation methods?

Multiple Choice

Ease of use, more accurate product costing, and more effective cost control.

Fewer allocation bases, ease of use, and a direct correlation to production volume.

More accurate product costing, more effective cost control, and better focus on the relevant factors for decision making.

More accurate product costing, fewer cost objects, and a direct correlation to production volume.

More accurate product costing, ease of use, less costly to implement.