Which of the following statements are true regarding activity-based costing?

A) Costs are allocated based on a pre-determined overhead rate for each cost pool

B) Transitioning from traditional costing methods to Activity-Based Costing is a relatively simple process that most companies complete quickly.

C) Activity-Based Costing results in a different amount of total overhead applied than under traditional costing methods.

D) Activity-Based costingoriginated in the early 1900's

Using traditional costing rather than Activity-Based Costing might lead to which of the following problems?

A) overpricing products

B) under-pricing products

C) discontinuing profitable operations

D) all of the above