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What is the primary purpose of activity-based costing (ABC) in cost accounting? A) To allocate...

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Accounting

What is the primary purpose of activity-based costing (ABC) in cost accounting?

A) To allocate indirect costs based on the volume of production. B) To assign costs to products or services based on their direct labor hours. C) To identify and allocate costs based on the activities that drive those costs. D) To calculate total production costs without considering indirect expenses.

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