(LO 1) Activity-based costing (ABC):
a. can be used only in a process cost system.
b. focuses on units of production.
c. focuses on activities needed to produce a good or perform a service.
d. uses only a single basis of allocation.
(LO 1) Activity-based costing (ABC):
a. can be used only in a process cost system.
b. focuses on units of production.
c. focuses on activities needed to produce a good or perform a service.
d. uses only a single basis of allocation.