Question: Which best describes first-stage allocation? A : Identify and classify activities and assign overhead to cost pools. B : Costs are assigned to products or

Which best describes first-stage allocation?

A :

Identify and classify activities and assign overhead to cost pools.

B :

Costs are assigned to products or services.

C :

Identify the cost driver for each cost pool.

D :

An activity rate is calculated for the cost pool.

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