Which of the following is not part of the process used to assign costs in an ABC system?
A) Identify activities
B) Use the high low method to identify fixed and variable costs
C) Identify the relevant cost object
D) Assign costs to activity-based pools

Question

Quizplus · Accepted Answer

The high-low method is a technique used to estimate fixed and variable costs, not typically part of Activity-Based Costing (ABC) systems. ABC focuses on identifying activities, cost objects, and assigning costs to activity cost pools based on resource usage.

Which of the Following Is Not Part of the Process