Fill in the Blank QuestionFill in the blank question.The basic principle of activity-based costing is that a(n) is what causes overhead cost to be incurred.

Fill in the Blank QuestionFill in the blank question.The basic principle of activity-based costing is that a(n) is what causes overhead cost to be incurred.

Fill in the Blank QuestionFill in the blank question.The overhead rate method uses a different overhead rate per production department.

Fill in the Blank QuestionFill in the blank question.In activity-based costing, activities in each cost pool should be (similar / dissimilar) .

Fill in the Blank QuestionFill in the blank question.A cost is a factor that causes the cost of an activity to go up or down.

Fill in the Blank QuestionFill in the blank question. (Identifying, Assigning,Tracing) activities is the first step in applying activity-based costing.