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MAC3701 ASSIGNMENT 1 SEMESTER 1 - 2023 (651996) R50,00   Add to cart

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MAC3701 ASSIGNMENT 1 SEMESTER 1 - 2023 (651996)

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MAC3701 ASSIGNMENT 1 SEMESTER 1 - 2023 () DUE DATE: 10 MARCH 2023

Last document update: 1 year ago

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Masters
MAC3701 ASSIGNMENT 1
SEMESTER 1 - 2023
UNIQUE NUMBER: 651996


DUE DATE: 31 MARCH 2023

, QUESTION 1

Which one of the following is not a characteristic of activity-based-costing (“ABC”)
system?

A. Because of the extensive number of cost drivers that must be identified and measured,
this costing system can be prohibitively expensive to implement and operate.

B. The allocation basis is referred to as ‘cost driver’, as a cause-and-effect relationship exists
between cost and allocation basis.

C. Multiple overhead rates can be calculated, one per department or cost centre.

D. Overhead costs are accumulated and assigned to products in accordance with activities,
based on the number of resources used by each product.




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