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