Question:

In Tax Accounting, Time$-$Driven Activity$-$Based Costing $($TDABC$)$ is a method used to allocate overhead costs to products or services based on the time required to perform activities rather than using traditional allocation methods. Considering a manufacturing company that produces multiple products, which statement accurately describes a characteristic or aspect of TDABC?

a$)$ TDABC assigns overhead costs using predetermined rates based on machine hours.

b$)$ TDABC disregards the time spent by employees on various activities.

c$)$ TDABC applies a single, average time rate for all activities involved in production.

d$)$ TDABC enables the calculation of more accurate product costs by considering the time spent on activities at each stage of the production process.

e$)$ TDABC primarily relies on direct labor hours as the basis for allocating overhead costs.