Transcribed Image Text: Which of the following is the proper sequence of events in an activity-based costing system? A Identification of cost drivers, identification of cost pools, calculation of pool

Transcribed Image Text: Which of the following is the proper sequence of events in an activity-based costing system?
A Identification of cost drivers, identification of cost pools, calculation of pool rates, assignment of cost
to products.
B. Identification of cost pools, identification of cost drivers, calculation of pool rates, assignment of cost
to products.
C. Assignment of cost to products, identification of cost pools, identification of cost drivers, calculation
of pool rates.
Calculation of pool rates, identification of cost drivers, identification of cost pools, assignment of
cost to products.
D.
E.
None of the other answers is correct.