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Which of the following is TRUE about seawater?
Facility-level Activity
Activities that benefit the entire operation and cannot be directly traced to a specific product or service.
Unit-level Activity
Activities and costs that vary with the number of units produced, directly tied to the production volume.
Product-level Activity
Activities and costs associated with a specific product, rather than with the entire business operation.
Activity-based Costing
A method of allocating indirect costs to products or services based on the activities that generate those costs.
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