Question 2 Match the following statements to the appropriate terms Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced Plant management. Engineering changes Equipment setups. Assembling Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Value-added activity Product-level activity Batch-level activity Activity-based costing Cost driver Non-value-added activity Dust-in-time processing Pull approach Facility-level activity Unit-level activity