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Overhead allocation based solely on a measure of volume such as direct labor-hours: a. is a key aspect of the activity-based costing model. b. will
Overhead allocation based solely on a measure of volume such as direct labor-hours: a. is a key aspect of the activity-based costing model. b. will systematically overcost high-volume products and undercost low-volume products. c. will systematically overcost low-volume products and undercost high-volume products. d. must be used for external financial reporting.
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