The benefits are lower when ABC reports different product costs than reported under the old system.

Name: The benefits are lower when ABC reports different product costs than reported under the old system.
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Question

Quizplus · Accepted Answer

Activity-Based Costing (ABC) provides more accurate product cost information by allocating overhead costs based on actual activities, which can lead to better decision-making and potentially higher benefits compared to traditional costing systems.

The Benefits Are Lower When ABC Reports Different Product Costs