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Which of the following statements is true of activity$-$based costing?

Group of answer choices

Activity based costing broadly averages or spreads the cost of resources uniformly to cost objects such as products or services.

Activity based costing is more suited to companies with high product diversity than companies with single product line.

The main advantage of activity$-$based costing over peanut$-$butter costing is the accurate distribution of all direct costs to the products.

In activity$-$based costing, direct labor$-$hours is always the best allocation base to allocate all non$-$manufacturing indirect costs.

Group of answer choices

Activity based costing broadly averages or spreads the cost of resources uniformly to cost objects such as products or services.

Activity based costing is more suited to companies with high product diversity than companies with single product line.

The main advantage of activity$-$based costing over peanut$-$butter costing is the accurate distribution of all direct costs to the products.

In activity$-$based costing, direct labor$-$hours is always the best allocation base to allocate all non$-$manufacturing indirect costs.

Group of answer choices

performed on each individual unit of a product or service such as the cost of energy, machine depreciation, and repair

that managers cannot trace to individual products or services but that support the organization as a whole

undertaken to support individual products or services regardless of the number of units or batches in which the units are produced

related to a group of units of a product or services, rather than each individual unit of product or service

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