Which one of the following managerial accounting approaches attempts to allocate manufacturing overhead in a more meaningful fashion?

Question

Quizplus · Accepted Answer

Activity-based costing attempts to allocate manufacturing overhead in a more meaningful fashion by identifying and assigning the cost of each activity involved in the production process, which provides a more accurate and detailed picture of the cost of each product or service. The other options are unrelated to overhead allocation.

Which One of the Following Managerial Accounting Approaches Attempts to Allocate