What are three advantages of activity-based costing over traditional volume-based allocation methods? Multiple Choice...

80.2K

Verified Solution

Question

Accounting

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.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students