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What are three advantages of activity-based costing over traditional volume-base

ID: 2374797 • Letter: W

Question

What are three advantages of activity-based costing over traditional volume-based allocation methods? Ease of use, more accurate product costing, and more effective cost control. Fewer allocation bases, ease of use, and a direct correlation to production volume. More accurate product costing, more effective cost control, and better focus on the relevant factors for decision making. More accurate product costing, fewer cost objects, and a direct correlation to production volume. More accurate product costing, ease of use, less costly to implement. Ease of use, more accurate product costing, and more effective cost control. Fewer allocation bases, ease of use, and a direct correlation to production volume. More accurate product costing, more effective cost control, and better focus on the relevant factors for decision making. More accurate product costing, fewer cost objects, and a direct correlation to production volume. More accurate product costing, ease of use, less costly to implement. Ease of use, more accurate product costing, and more effective cost control. Fewer allocation bases, ease of use, and a direct correlation to production volume. More accurate product costing, more effective cost control, and better focus on the relevant factors for decision making. More accurate product costing, fewer cost objects, and a direct correlation to production volume. More accurate product costing, ease of use, less costly to implement.

Explanation / Answer

More accurate product costing, more effective cost control, and better focus on the relevant factors for decision making.

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