Which of the following is true with regard to activity based costing? O A. Activity based costing uses fewer cost pools than traditional cost allocation. 0 B. It is more likely to systematically undercost low-volume products and overcost high-volume products than cost allocation based on direct labor hours. O C. It is based on the assumption that the costs included in each activity cost pool are proportional to the cost pool's activity measure. OD. It is of most value to companies that manufacture products that are similar with regard to production volume, batch size and complexity. QUESTION 20 Assume there was no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. Under the weighted average method, the number of equivalent units of production with respect to materials costs would be: A. equal to the number of units completed. 0 B. equal to the number of units started during the period. 0 O C. less than the number of units started during the period. O D. less than the number of units completed