g Assume Quaker expects to sell 1 million bottles of Quaker Oat Beverage in the first year after introduction. Assuming the variable cost of a bottle (48-ounce bottle) is 2.24 and that the company will incur an increase in fixed costs of $300,000 during the first year to launch Oat Beverage. Will the new product Oat Beverage be profitable in the first year for the company

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