A dressmaker is following a pattern that calls for 3 1/4 yards of fabric that costs $15 per yard. How much will the dressmaker pay for the fabric?

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