Activity-based costing is much easier to apply than single plantwide factory overhead allocation.

Name: Activity-based costing is much easier to apply than single plantwide factory overhead allocation.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Activity-based costing (ABC) is more complex and detailed compared to single plantwide factory overhead allocation, as ABC requires the identification and analysis of specific activities that drive costs, leading to a more accurate allocation of overheads to products or services.

Activity-Based Costing Is Much Easier to Apply Than Single Plantwide