Volume-Based Costing Allocates Indirect Product Costs Based on the Volume

question 10

Multiple Choice

Volume-based costing allocates indirect product costs based on the volume of output,using such allocation bases as direct labor hours,machine hours,or the amount of direct material used in the production process.Activity-based costing (ABC) has consistently shown that Volume-based costing ___________ the cost of high volume products and ______________ the cost of low volume products.

• A)Option a
• B)Option b
• C)Option c
• D)Option d

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