I want each of you to read chapter 18 tonight - "Activity-Based Costing" and then write down one thing about each of the four objectives below to discuss during tomorrow's class session. 1. Describe the three methods used for allocating factory costs 2. Decribe each of these three methods through simple examples 3. Use specifically method three (Activity-Based Costing) to illustrate allocating selling and administrative expenses to products 4. Describe how to use method three (Activity-Based Costing) for a service type business