Activity based costing: Question 14 options: corrects the distortions built into product costing by the way that the learning curve is applied to direct labor costs. corrects the distortions built into product costing by the way that direct costs are allocated. eliminates nonvalue-adding activities; reduces activity occurrences, and reduces the cost driver rate. is important to cost accountants, but has little practical use for buyers. eliminates nonvalue-adding activities, increases activity occurrences, and increases the rate of return.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions