Answer both please

Activity-based costing (ABC) is a costing technique that uses a two- stage allocation process. Which of the following statements best describes these two stages? Select one: O a. Indirect costs are assigned to activities, and then to the products based upon the direct cost resources used by the activities. O b. The costs are assigned to departments, and then to the products based upon their use of activity resources O c. Direct costs are allocated to the production departments based on a predetermined overhead rate. O d. The costs are assigned to activities, and then to the products based upon their use of the activities. e. none of the given answer. Which of the following represents a proper sequencing (correct order) in which the budgets below are prepared? Select one: O a. Direct Material Purchases, Cash, Sales O b. None of the given answers O c. Sales, Balance Sheet, Direct Labor O d. Sales, Production, Manufacturing Overhead e. Production, Sales, Income Statement