Which of the Following Accurately Describes Advantages and Disadvantages of Employing

Multiple Choice

Which of the following accurately describes advantages and disadvantages of employing a system of allocation that uses a plant-wide rate?

A) The plant-wide rate approach is the simplest to apply, but it is also the most costly to implement.
B) The plant-wide rate approach is the simplest to apply, but most likely provides the least accurate product costs.
C) The plant-wide rate may be straightforward, but it is not appropriate for small businesses that offer a single service or product.
D) The plant-wide rate really offers no advantage whatsoever.