Which of the following statements is true of activitybased costing?
Group of answer choices
Activity based costing broadly averages or spreads the cost of resources uniformly to cost objects such as products or services.
Activity based costing is more suited to companies with high product diversity than companies with single product line.
The main advantage of activitybased costing over peanutbutter costing is the accurate distribution of all direct costs to the products.
In activitybased costing, direct laborhours is always the best allocation base to allocate all nonmanufacturing indirect costs.
Group of answer choices
performed on each individual unit of a product or service such as the cost of energy, machine depreciation, and repair
that managers cannot trace to individual products or services but that support the organization as a whole
undertaken to support individual products or services regardless of the number of units or batches in which the units are produced
related to a group of units of a product or services, rather than each individual unit of product or service
