Question: What is a drawback to activity based costing? Select one: a. employees will estimate time based on 100% capacity resulting in high cost driver rates

 What is a drawback to activity based costing? Select one: a.

What is a drawback to activity based costing? Select one: a. employees will estimate time based on 100% capacity resulting in high cost driver rates b. activity based costing uses one cost allocation base and inaccurately assigns costs c. data collection for activity based costing is quick and cheap d. activity based costing can never be GAAP compliant

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!