1) Activitybased management is not suitable for service companies as it deals with the proper allocation of manufacturing overhead costs. True or False?

2) Under justintime costing, the purchase of raw materials is recorded by debiting the Raw Materials Inventory account. True or False?

3) All of the following are the result of producing poorquality products except::: A. descreased revenues B. Customer awareness of quality problems C. Increased product repairs D. Decreased Costs