Activity$-$based costing

Group of answer choices

applies benchmarking techniques to develop cost estimates for the value chain activities of each major rival.

involves the creation of an accounting system that assigns a company$$s expenses to whichever activity in a company$$s value chain is responsible for creating the cost.

involves determining which value chain activities represent primary activities and which represent support activities.

is a tool for identifying the activities that represent variable and fixed costs.

is a powerful tool for gathering competitive intelligence on a rival company$$s value chain, enabling analysts to classify a rival$$s primary and support activities.