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    Managerial Accounting Study Set 1
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    Exam 5: Activity-Based Costing and Management
  5. Question
    Because Labor Hours Are Related Closely to the Volume of Activity
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Because Labor Hours Are Related Closely to the Volume of Activity

Question 58

Question 58

True/False

Because labor hours are related closely to the volume of activity in the factory, these traditional product-costing systems often are said to be volume-based costing systems.

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