The following tasks are associated with an activity-based costing system: 1- Assignment of cost to products 2- Calculation of pool rates 3- Identiﬁcation of cost drivers 4- Identiﬁcation of cost pools Which of the following choices correctly expresses the proper order of the preceding tasks?
A)1, 2, 3, 4.
B)2, 4, 1, 3.
C)3, 4, 2, 1.
D)4, 2, 1, 3.
E)4, 3, 2, 1.

Question

Quizplus · Accepted Answer

The proper order is: Identification of cost pools, Identification of cost drivers, Calculation of pool rates, and Assignment of cost to products.

The Following Tasks Are Associated with an Activity-Based Costing System