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4 (2 points) Saved If the cost of a product is reported as $31.20 under ABC, but reported as $40.7 under simple costing, then this

4 (2 points) Saved If the cost of a product is reported as $31.20 under ABC, but reported as $40.7 under simple costing, then this product is using simple costing. undercosted overcosted Question 5 (2 points) Saved What is the information that TDABC provides but other costing methods such as traditional ABC, simple costing cannot? Cost of a cost object (e.g., a customer and a product) Capacity information (used and unused capacity) Activity rate Question 6 (2 points) Saved Product cost cross-subsidization exists when one undercosted (overcosted) product results in at least one other product being overcosted (undercosted) True False

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