Concept explainers
Mason Company manufactures four products in a single production facility. The company uses activity-based costing. The following activities have been identified through the company's activity analysis: (a) inventory control, (b) machine setups, (c) employee training, (d) quality inspections, (e) materials orderings. (f) drilling operations, and (g) building maintenance.
For each activity, name a cost driver that might be used to assign overhead costs to products.
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