Which of the Following Is True of a Unit-Based Costing

question 74

Multiple Choice

Which of the following is true of a unit-based costing system?

• A)It estimates the time to perform one unit of activity.
• B)It measures the demands that cost objects place on support activities.
• C)It assigns only manufacturing costs to products.
• D)It offers greater product costing accuracy than an activity-based costing system.

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Definitions:

Withdrawals

Funds taken out of a business by its owners for personal use.