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QUESTION 18 The following tasks are associated with an activity-based costing system: 1Calculation of cost application rates 2Identification of cost drivers 3Assignment of cost to

QUESTION 18
The following tasks are associated with an activity-based costing system:
1Calculation of cost application rates
2Identification of cost drivers
3Assignment of cost to products
4Identification of cost pools
Which of the following choices correctly expresses the proper order of the preceding tasks?
2, 4, 1, 3.
3, 4, 2, 1.
4, 2, 1, 3.
1, 2, 3, 4.

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