Which of the Following Is the Proper Sequence of Events

question 42

Multiple Choice

Which of the following is the proper sequence of events in an activity-based costing system?

• A) Identification of cost drivers, identification of cost pools, calculation of pool rates, assignment of cost to products.
• B) Identification of cost pools, identification of cost drivers, calculation of pool rates, assignment of cost to products.
• C) Assignment of cost to products, identification of cost pools, identification of cost drivers, calculation of pool rates.
• D) Calculation of pool rates, identification of cost drivers, identification of cost pools, assignment of cost to products.
• E) None of the answers is correct.