71 In what fundamental ways does activity-based costing differ from traditional costing methods such as job-order costing as described in Chapter 3?

72 Why is direct labor a poor base for allocating overhead in many companies?

74 What are unit-level, batch-level, product-level, customer-level, and organization-sustaining activities?

76 Why are there two stages of allocation in activity-based costing?

78 When activity-based costing is used, why do manufacturing overhead costs often shift from high-volume products to low-volume products?