ABC full-costing assigns as many costs to products and services as possible based on the use of resources, regardless of the level of resources.

Name: ABC full-costing assigns as many costs to products and services as possible based on the use of resources, regardless of the level of resources.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-Based Costing (ABC) aims to assign costs to products and services based on the resources they consume, attempting to allocate all costs, not just direct costs, based on actual usage.

ABC Full-Costing Assigns as Many Costs to Products and Services