Which of the following statements is true?
(a) Different cost allocation methods are constructed so that they typically result in the same or similar estimates of how much it costs to make a product.
(b) Volume-based casting has typically resulted in lower gross marges for high-volume products and higher group iuris for low volume products.
(c) Activity-based costing typically provides less information about produce costs while requiring more recordkeeping .
(d) Activity-based costs per unit are always greater than volume-based costs per unit .
(e)All the statements are false
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Answer:
a)False
b)True
c)False
d)True
e)false
Explanation:
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