Activity-based costing assigns costs first to activity pools, and then costs from activity cost pools are assigned to the cost objects benefiting from the activities.

Name: Activity-based costing assigns costs first to activity pools, and then costs from activity cost pools are assigned to the cost objects benefiting from the activities.
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Question

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Activity-based costing first groups costs into activity cost pools, then assigns these costs to cost objects based on the activities that benefit those cost objects.

Activity-Based Costing Assigns Costs First to Activity Pools, and Then