A manufacturer used raw materials and equipment to create flower pots to sell to gardening supply stores. Which of the following types of good would the raw materials and equipment be considered?
a. Consumer good
b. Specialty good
c. Shopping good
d. Industrial good

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