Question

What are the main advantages of volume-based allocation methods compared to activity-based costing?

A: Volume-based methods are more accurate and allowed by GAAP.
B: There are no advantages to using volume-based methods.
C: Volume-based methods are easier to use and less costly to implement and maintain.
D: Volume-based methods are less accurate and easier to use.
E: Volume-based methods are harder to use and more costly to implement and maintain.

Answer 1

A: Volume-based methods are more accurate and allowed by GAAP.

Step-by-step explanation: