Question: Before assigning rates to various activities using activity-based costing, what is the first step that managers must do? Select one: a. Identify the amount of

Before assigning rates to various activities using activity-based costing, what is

Before assigning rates to various activities using activity-based costing, what is the first step that managers must do? Select one: a. Identify the amount of overhead related to each activity b. Calculate activity rates for each activity c. Identify activities d. Identify how much of each activity is used by each product

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