What are the two stages associated with allocating manufacturing overhead in an activity-based costing system? Multiple choice question. First, identify and create a single activity cost pool. Second, allocate the activity cost pool to production using multiple cost drivers. First, identify and create separate activity cost pools. Second, allocate the activity cost pools to production using a single cost driver. First, identify and create a single activity cost pool. Second, allocate the activity cost pool to production using a single cost driver. First, identify and create separate activity cost pools. Second, allocate the activity cost pools to production using multiple cost drivers