Tamarisk, Inc.'s trial balance at the end of its first month of operations reported the following accounts and amounts: Cash $11440 Prepaid insurance 520 Accounts receivable 2600 Accounts payable 2080 Notes payable 3120 Common stock 5200 Dividends 520 Revenues 22880 Expenses 13000
What did Tamarisk show as total credits on its trial balance?

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above