In an ABC system costs are first assigned to cost pools, then always to units of product.

Name: In an ABC system costs are first assigned to cost pools, then always to units of product.
Brand: Quizplus
Rating: 4.9 (28 reviews)

Question

Quizplus · Accepted Answer

In an Activity-Based Costing (ABC) system, costs are first assigned to activities (cost pools) and then traced to products, services, or customers based on their use of those activities, not always directly to units of product.

In an ABC System Costs Are First Assigned to Cost