(CMA adapted) A costing method that first assigns costs to activities and then assigns them to products based on the products' consumption of those activities is:
A) full-absorption costing.
B) activity-based costing.
C) variable costing.
D) benchmarking.

Question

Quizplus · Accepted Answer

Activity-based costing first assigns costs to activities and then assigns them to products based on the products' consumption of those activities.

(CMA Adapted) a Costing Method That First Assigns Costs to Activities