Which of the following statements is correct with regards to Activity Based Costing (ABC)?

A. ABC uses only volume based cost drivers in the calculation of predetermined manufacturing overhead rates.

B. The cost of implementing ABC are generally higher for companies that have established information technology systems.

C. If the consumption ratios using the traditional method are the same as the consumption ratios using ABC, cost distortion will exist.

D. ABC categorizes all manufacturing overhead activities as unit level activities.

E. None of the above statements are correct.