Question: The basic difference between a first stage cost allocation and a second stage cost allocation is that O predetermined overhead rates are used in first

 The basic difference between a first stage cost allocation and a

The basic difference between a first stage cost allocation and a second stage cost allocation is that O predetermined overhead rates are used in first stage cost allocations but not in second-stage cost allocations O the first stage prohibits firms from aligning the allocation of costs with the use of resources. O when used in an ABC system, the first stage assigns costs to activities. O cost pools are not used in first-stage cost allocations

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