Activity cost pools are assigned to products, using factory overhead rates for each activity.

Name: Activity cost pools are assigned to products, using factory overhead rates for each activity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity cost pools are indeed assigned to products using factory overhead rates for each activity, as part of the Activity-Based Costing (ABC) method. This approach allows for more accurate allocation of overhead costs to products based on the actual activities that consume resources.

Activity Cost Pools Are Assigned to Products, Using Factory Overhead