Product costing systems in use over the last 40 years
A)concentrated on using multiple cost pools and cost drivers.
B)were often technologically incapable of handling activity-based costing information.
C)have generally been responsive to changes in the manufacturing environment.
D)have been appropriate for managerial decision purposes as long as they met the requirements of generally accepted accounting principles.

Question

Quizplus · Accepted Answer

Technological limitations often hindered the implementation of activity-based costing systems, which require sophisticated tracking of multiple cost drivers and cost pools. Traditional costing systems, prevalent over the last 40 years, frequently relied on simpler methods due to these constraints.

Product Costing Systems in Use Over the Last 40 Years