In activity-based costing,only one cost driver should be used in applying overhead.

Name: In activity-based costing,only one cost driver should be used in applying overhead.
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In activity-based costing, multiple cost drivers are used to apply overhead costs to various activities and products based on the specific activities that drive those costs. One cost driver alone may not accurately reflect the true cost of an activity, so multiple cost drivers are used to provide more accurate costing information.

In Activity-Based Costing,only One Cost Driver Should Be Used in Applying