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JadeDeLair JadeDeLair
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2 years ago

Which of the following statements is true?

  1. Companies use three common approaches to assign overhead costs to products—plantwide overhead rate, departmental overhead rates, and activity-based costing. The most accurate of these three approaches is the plantwide overhead rate.
  2. A department’s overhead costs are generally caused by a variety of factors including the range of products processed in the department, the number of batch set-ups that are required, and the complexity of the products.
  3. Rather than using a single allocation base such as direct labor-hours or machine-hours, in activity-based costing a company uses a number of allocation bases for assigning costs to products.


▸ Statements I and II are true.

▸ Statements II and III are true.

▸ All of the statements are true.

▸ None of the statements are true.
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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Botox14Botox14
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JadeDeLair Author
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2 years ago
This helped my grade so much Perfect
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Smart ... Thanks!
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Brilliant ツ
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