In activitybased costing, product costs are assigned based on links between activities that drive costs and _____.
A) the liabilities of a firm
B) the resulting revenues
C) the production of specific goods
D) the pricing of specific goods

Question

In activity­based costing, product costs are assigned based on links between activities that drive costs and _____.
A) the liabilities of a firm
B) the resulting revenues
C) the production of specific goods
D) the pricing of specific goods

Quizplus · Accepted Answer

Activity-based costing assigns costs based on the production of specific goods by identifying activities that drive costs and linking them to the production process.

In Activity­based Costing, Product Costs Are Assigned Based on Links

In Activitybased Costing, Product Costs Are Assigned Based on Links