Which of the following is a difference between a traditiional costing system and an activity bassed costing (ABC) sytem?

Group of answer choices:

Under traditional costing, applied overhead is added to the product whereas under ABC, actual overhead is added to the product.

Under a traditional costing sytem there is only one activity base used, whereas under an ABC sytem, there are many activity bases used.

It is easier to trace overhead costs to a product when using an ABC system than it is when using a traditional costing sytem.

When using ABC, you are able to determne the exact cost of the product but when using traditional costing, the cost of the product is an accurate estimated amount.