What is activity-based costing


Question:

Activity-based costing:

(a) is the initial phase of converting to a just-in-time operating environment.

(b) can be used only in a job order costing system.

(c) is a two-stage overhead cost allocation system that identifies activity cost pools and cost drivers.

(d) uses direct labor as its primary cost driver.

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Accounting Basics: What is activity-based costing
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