Question
When activity-based costing is used to apply overhead to products, support department costs are referred to as a.department activity costs b.support activity costs c.activity-based department
When activity-based costing is used to apply overhead to products, support department costs are referred to as
a.department activity costs
b.support activity costs
c.activity-based department costs
d.multiple activity costs
In the process of applying overhead using multiple production department rates, overhead costs are directly traced to support and production departments and are then allocated to production departments based on the amount of support activity used by each department.
True
False
The physical units method and the weighted average method are the only two common methods for allocating joint costs.
True
False
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