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Which of the following statements is true? To compute a product s profit or product margin, the product s sales and direct costs are needed
Which of the following statements is true?
To compute a products profit or product margin, the products sales and direct costs are needed in addition to the overhead costs computed in an activitybased costing system.
In activitybased costing, a product margin may exclude costs from some of the companys activity cost pools.
Multiple Choice
Only statement is true.Incorrect
Only statement is true.
Both statements and are true.
Neither statement is true.
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