Which of the steps listed below normally occurs last when assigning costs in an ABC system?
A) Assign costs to activity-based pools
B) Allocate activity costs to each cost object
C) Identify activities
D) Identify the relevant cost object

Question

Quizplus · Accepted Answer

Allocating activity costs to each cost object typically occurs last in an Activity-Based Costing (ABC) system, after costs have been assigned to activity pools and activities and cost objects have been identified.

Which of the Steps Listed Below Normally Occurs Last When