Activity based costing eliminates the need for overhead allocation rates

Activity-based costing eliminates the need for overhead allocation rates. True False

1 Answers

  • Augustine Byron
    18 days ago

    Yes, it is true ABC costing elimibates the need for applying overhead rates. Its an technique which involves Identification of cost eith each Cost driving activity. and making it as the basis for apportionment/ assignment of costs over different cost objects/products/jobs

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