In General, Traditional Product Costing Methods Allocate Less Cost to Low-Volume

question 41

True/False

In general, traditional product costing methods allocate less cost to low-volume products and more costs to high-volume products than activity-based costing (ABC).

---

Definitions:

Electrical Wiring

A network of insulated conductors used to transmit electric power or signals.

Electrical Schematic Diagram

A graphical representation of an electrical circuit, showing the connections and components in a system.

Circuit Protection Devices

Devices used to protect electrical circuits from damage caused by overload or short circuit, such as fuses and circuit breakers.

Ohmmeter

An electrical instrument used to measure electrical resistance in a circuit, typically in ohms.