13.Cost pools are defined as groupings of individual cost items which can range from broad, company-wide categories to very narrow categories.

TRUE - FALSE

14.A cost allocation base is only financial in nature, and is usually the cost driver of the particular costs being measured.

TRUE - FALSE

15) Peanut butter costing involves assigning costs in a non uniform manner to reflect the different utilization of resources by different products or services.

TRUE - FALSE

29.Fixed overhead costs are a lump sum that does not change in total despite changes in the cost driver.

TRUE - FALSE