Which of the Following Statements Is (Are)true? (1)Activity-Based Costs Per

question 32

Multiple Choice

Which of the following statements is (are) true? (1) Activity-based costs per unit are always greater than volume-based costs per unit.(2) Volume-based costing has typically resulted in lower gross margins for high volume products and higher gross margins for low volume products.

• A)Only 1 is true.
• B)Only 2 is true.
• C)Both 1 and 2 are true.
• D)Neither 1 nor 2 is true.

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