UZ UV RU U CUJI Pussy LUSS the 11. LO 6.3 Which is not a task typically associated with ABC systems? A calculating the overhead application rate for each cost pool B. applying a single cost rate C. identifying a cost driver D. more correctly allocating overhead costs 12. LO 6.4 Which statement is correct? A. Activity-based cost systems are less costly than traditional cost systems. B. Activity-based cost systems are easier to implement than traditional cost systems. C. Activity-based cost systems are more accurate than traditional cost systems. D. Activity-based cost systems provide the same data as traditional cost systems. 13. LO 6.4 Activity-based costing systems: A. use a single predetermined overhead rate based on machine hours instead of on direct labor B. frequently increase the overhead allocation to at least one product while decreasing the overhead allocation to at least one other proc C. limit the number of cost pools D. always result in an increase of at least one product's selling price 14. LO 6,4 Activity-based costing is preferable in a system: A. when multiple products have similar product volumes and costs B. with a large direct labor cost as a percentage of the total product cost C. with multiple, diverse products D. where management needs to support an increase in sales price 15. LO 6.5 Absorption costing is also referred to as: A. direct costing B. marginal costing C. full costing D. variable costing