Many traditional costing systems:
A. write off manufacturing overhead as an expense of the current period.
B. use a host of different cost drivers (e.g., number of production setups, inspection hours, orders processed) to improve the accuracy of product costing.
C. combine widely varying elements of overhead into a single cost pool.
D. produce results far superior to those achieved with activity-based costing.
E. trace manufacturing overhead to individual activities and require the development of numerous activity-costing rates.
Answer: C
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Fill in the blank(s) with correct word