ABC has been found to be helpful in increasing the accuracy of overhead cost allocation in manufacturing firms.

Name: ABC has been found to be helpful in increasing the accuracy of overhead cost allocation in manufacturing firms.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-Based Costing (ABC) provides a more accurate method of allocating overhead costs based on actual activities and resources used, leading to more precise product costing in manufacturing firms.

ABC Has Been Found to Be Helpful in Increasing the Accuracy