The first step in the development of an activity-based costing system is: (a) identify and classify activities

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The first step in the development of an activity-based costing system is:

(a) identify and classify activities and allocate overhead to cost pools.

(b) assign overhead costs to products.

(c) identify cost drivers.

(d) compute overhead rates.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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