QS 17-11 Multiple choice overhead questions A2 1. If management wants the most accurate product cost, which of the following costing methou be used? a. Volume-based costing using departmental overhead rates b. Volume-based costing using a plantwide overhead rate c. Normal costing using a plantwide overhead rate d. Activity-based costing 2. Which costing method tends to overstate the cost of high-volume products? a. Traditional volume-based costing b. Activity-based costing c. Job order costing d. Differential costing 3. Disadvantages of activity-based costing include c. It can be used in an activity-based management. d. Both a. and b a. It is not acceptable under GAAP for external reporting. b. It can be costly to implement