service costing is the difficulty in defining a realistic cost unit. (iv) Inventory levels are generally high in-service costing industrie

Organizations are motivated to use multiple indirect cost pools instead of a single indirect cost pool when Select one: O a. Multiple Indirect cost pools are needed to conform to external reporting requirements b. manufacturing overhead costs are difficult to control c. the cost drivers for the multiple indirect cost pools are different from the cost driver of the single indirect cost pool d. none of the options

Which of the following statements about activity-based costing (ABC) is false? Group of answer choices In activity-based costing, cost drivers are what cause costs to be incurred. Activity-based costing is more likely to result in major differences from traditional costing systems if the firm manufactures only one product rather than multiple products. Activity-based costing is useful for allocating marketing and distribution costs. Activity-based costing differs from traditional costing systems in that it allocates costs according to the rates at which a product consumes different activities.

Which of the following statements is false?   Cost allocations such as activity-based costing allow manager to evaluate profitability of their products.   A budget is a quantitative plan for acquiring and using financial and other resources over a specific forthcoming time period.   A detailed activity-based costing system is costly to implement.   Using different allocation base does not affect manufacturing overhead costs allocated to each product.