Business managers can use activity-based costing data to assist them in pricing and product mix decisions, and in cost management.

Question

Quizplus · Accepted Answer

Activity-based costing provides more accurate information about the costs associated with specific products or services, which can help managers make informed decisions about pricing and product mix. It can also aid in identifying and reducing unnecessary costs, leading to improved cost management.

Business Managers Can Use Activity-Based Costing Data to Assist Them