Examlex
Which of these is incorrectly matched?
Activity-based Costing (ABC)
A costing method that assigns overhead and indirect costs to related products and services based on their usage.
Overhead Rates
The ratio used to allocate indirect costs to products or services, usually based on direct labor hours, machine hours, or direct labor cost.
Square-foot
A unit of area measurement equal to a square measuring one foot on each side, commonly used in real estate and architecture.
ABC
A refined costing method that determines the cost of activities without distortions and allocates costs based on activities that generate costs in specific products and services.
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