The Second Step in the Preparation of Activity-Based Costing Data

question 14

Multiple Choice

The second step in the preparation of activity-based costing data is to

• A)Calculate activity cost pool rates.
• B)Develop activity cost pools.
• C)Allocate costs to products.
• D)Calculate the unit product cost.

---

Definitions:

Ethyl Benzoate

An organic compound formed by the esterification of benzoic acid with ethanol, known for its sweet, flowery scent.

Methanol

A simple alcohol with the chemical formula CH3OH, used as a solvent, antifreeze, or fuel.

HCl

Hydrochloric acid, a strong acidic compound of hydrogen chloride in water, commonly used in industrial and laboratory settings.

Distamycin

A small molecule that binds to minor grooves of DNA, notable for its role in scientific research related to DNA interactions.