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The Steps to Assign Costs in an ABC System Are

Question 155

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The steps to assign costs in an ABC system are listed below in random order. Number the steps in the correct order (1 through 6).
____ Assign costs to activity-based cost pools
____ Calculate an allocation rate for each cost pool
____ Choose a cost driver for each cost pool
____ For each ABC cost pool, allocate activity costs to the cost object
____ Identify activities
____ Identify the relevant cost object

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3 Assign costs to activity-based cost po...

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