15. Activity-based costing provides a company the opportunity to utilize multiple cost drivers to determine a more accurate product cost while traditional costing only utilizes one cost driver.

True

False

17. If a company sells multiple products, but only has limited resources in making a product, the company should always make more of the product with a higher contribution margin.

True

False

18. Sales mix refers to:

None of these choices.

the relative percentage of each product when a company sells multiple products.

how much sales can decline before a company is operating at a loss.

the formula of Sales minus Variable costs.