Question

an activity-based costing system blank . multiple select question. uses numerous overhead cost pools is used for external reporting may exclude some manufacturing costs from product costs only assigns manufacturing costs to products

Answer 1

An Activity-based system  uses numerous overhead cost pools.

What is activity-based costing?

Activity based costing is a method of costing that is used in accounting to apportion costs to a good or service produced. It believes that manufacturing requires the use of resources which require activities and so these activities can be given costs.

To give these activities costs, there is a need to use overhead cost pools which is why activity-based systems use several overhead cost pools.

Find out more on activity-based costing at brainly.com/question/6654166

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