5 points Which one of the following statement is true? DI Most organisations that we all have two contine system the official casting wstem which is used to prepare external financial reports, and the Anc witem, which is used for intero decision making and for managing activities C. When combining activities in an activity and come system, activities should be grouped together at the same level. For example, batch trvel acts should not be combined with unit tewel activities Om Unit-level activities are as a result of the total volume of production and are performed each time a unit is produced Ow, Activity based contingues a number of actity cost pook each of which is allocated to products on the bash of direct labour hours EV. The first stage allocation in activity based costing is the process by which overhead costs are assigned to products before they are tired to cutomers. ON Activity rates in activity based costing are computed by dividing costs from the first stage allocations by the activity measure for each activity cost pool OVH in the second stage allocation in activity based costing activity rates are used to apply.costs to products, customers and other cost objects Vul Art actity based costing system is generally easier to set up and run than a traditional cost system, x Activity based costing is a casting method that is designed to provide managers with cost information for strategic and other decisions that potentially affect or variable costs Xin city-based costing, as in traditional costing systems, no manufacturing costs are not assigned to products