Professional organizations and producer groups have an incentive to a. encourage advertising in order to reduce competition on the basis of price. b. restrict advertising in order to reduce competition on the basis of price. c. encourage advertising in order to enhance competition on the basis of price. d. restrict advertising in order to enhance competition on the basis of price.

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