Current Attempt in Progress

Activity$-$based costing involved the following four steps:

Identify and classify the activities, compute the activity$-$based overhead rates, identify the cost drivers, and assign overhead costs to products.

Identify and classify the activities, identify themost drivers, compute the activity$-$based overhead rates, and assign overhead costs to products.

Identify the cost drivers, identify and classify the activities, compute the activity$-$based overhead rates, and assign overhead costs to products.

Identify the cost drivers, compute the activity$-$based overhead rates, identify and classify the activities, and assign overhead

costs to products.