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1.

MC Qu. 8 The following tasks are associated with...

The following tasks are associated with an activity-based costing system:

1 Assignment of cost to products

2 Calculation of pool rates

3 Identification of cost drivers

4 Identification of cost pools

Which of the following choices correctly expresses the proper order of the preceding tasks?

1, 2, 3, 4.

2, 4, 1, 3.

3, 4, 2, 1.

4, 2, 1, 3.

4, 3, 2, 1.