Which costing system first assigns costs to activities and then to products?
A) unit-level costing
B) production costing
C) activity-based costing
D) volume-based costing

Question

Quizplus · Accepted Answer

Activity-based costing first assigns costs to activities and then to products based on the amount of each activity used in the production process. This method provides a more accurate representation of the true costs of producing a product or providing a service.

Which Costing System First Assigns Costs to Activities and Then