Question: What is the correct order to prepare a product margin report under an activity-based costing system? 1. Gather each product's sales and direct cost

What is the correct order to prepare a product margin report under

What is the correct order to prepare a product margin report under an activity-based costing system? 1. Gather each product's sales and direct cost data 2. Include the overhead costs allocated to each product using activity-based costing system... 3. Deduct each product's direct and overhead costs from sales 4. Reconcile the product margins with the company's operating loss

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