Activity-based costing (ABC) method : The costing method which allocates overheads to the products based on factory overhead rate for each activity or cost object, according to the cost pooled for the cost drivers (allocation base). To list : Few activities and their activity bases for ‘checking and savings account’ product line

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Chapter 26, Problem 26.6CP

To determine

Activity-based costing (ABC) method: The costing method which allocates overheads to the products based on factory overhead rate for each activity or cost object, according to the cost pooled for the cost drivers (allocation base).

To list: Few activities and their activity bases for ‘checking and savings account’ product line

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