4 pts Which of the following conditions would most likely suggest the need for using activity-based costing? a high proportion of nonunit overhead costs are incurred in the factory all products produced in the factory are substantially similar products which consume nonunit level activities in the same proportion as unit level overhead activities products require different materials and quantities of materials Activity rates are determined by dividing the actual cost for each activity pool by the actual activity base for that pool. dividing the actual cost for each activity pool by the estimated activity base for that pool. dividing the cost budgeted for each activity pool by the estimated activity driver quantity for that pool. dividing the cost budgeted for each activity pool by the actual activity base in that pool. Which of the following is not a correct statement regarding activity-based costing (ABC)? ABC requires a careful analysis of activities which may result in the discovery of inefficiencies. ABC can be used as a decision-making tool for firms. ABC is generally easier to apply in the determination of inventory costs than traditional methods of allocating overhead to products. ABC generally results in the determination of more accurate product costs for firms which produce diverse products. Which of the following is the best example of a facility-sustaining cost? cleanup activities performed at the end of the day cost of property taxes on the factory building cost of engineering changes that can be directly traced to specific products o cost of setting up equipment for a production run