Solution-What an activity-based costing system that is

What an activity-based costing system that is designed

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Question 1: An activity-based costing system that is designed for internal decision-making will not conform to generally accepted accounting principles because:

a. Some manufacturing costs (the cost of idle capacity and organization sustaining costs) will not be assigned to products.

b. Some nonmanufacturing costs are assigned to products.

c. First-stage allocation may be based on subjective interview data.

d. All of the above are reasons why an activity-based costing system that is designed for internal decision-making will not conform to generally accepted accounting principles.

Reference no: EM132549241

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What an activity-based costing system that is designed

Reference no: EM132549241

Reference no: EM132549241

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