21) If products are different, then for costing purposes: A) a single indirect-cost rate should be used B) a simple costing system should be used C) an ABC costing system will yield more accurate cost numbers D) none of the above 22) Overcosting a particular product may result in: A) pricing the product too low C) loss of market share B) operating efficiencies D) understating total product costs 23) Undercosting of a product is most likely to result from: A) overstating total product costs B) misallocating direct labor costs C) overcosting another product D) underpricing the product 24) An accelerated need for refined cost systems is due to: A) rising prices B) intense competition C) a shift toward increased direct costs D) global monopolies