Which of the following statements about overhead allocation, Ask an Expert

Accounting

Which of the following statements about overhead allocation based on volume alone is correct?

a. It must be used for external financial reporting.

b. It will systematically overcost high-volume products and undercost low-volume products.

c. It will systematically overcost low-volume products and undercost high-volume products.

d. It is a key aspect of the activity-based costing model.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9449314

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