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Which of the following statement regarding the activity-based costing (ABC) system is correct? Multiple Choice a. Activity-based costing (ABC) system assigns all manufacturing and non-manufacturing
Which of the following statement regarding the activity-based costing (ABC) system is correct?
Multiple Choice
a. Activity-based costing (ABC) system assigns all manufacturing and non-manufacturing overhead to product cost.
b.Activity-based costing (ABC) system is the same as the traditional costing system.
c.Activity-based costing (ABC) system is primarily used for external reporting purposes.
d.Activity-based costing (ABC) system assigns direct non-manufacturing cost to product cost.
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