The first-stage allocation in activity-based costing is the process by which overhead costs are assigned to activity cost pools.

Name: The first-stage allocation in activity-based costing is the process by which overhead costs are assigned to activity cost pools.
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This statement is true. The first-stage allocation involves assigning overhead costs to activity cost pools, which are groups of activities that have similar characteristics and consume similar types of resources.

The First-Stage Allocation in Activity-Based Costing Is the Process by Which