$($Slide #$12)$

ABC involves the following steps:

$1.$Identify and classify the major $(11)$ that pertain to the manufacture of specific products, and assign overhead to cost pools.

$2.$Accumulate manufacturing overhead costs by identifying $(2)$

$3.$Compute activity$-$based $(3)$ rates.

$4.$Assign manufacturing overhead costs to each $(2),$ using the ABC $\text{'}$s POR formula:

$(1)$ activities, $(2)$ revenue pools, $(3)$ overhead, & $(4)$ product

$(1)$ activities, $(2)$ cost pools, $(3)$ driver, & $(4)$ product

$(1)$ parts, $(2)$ cost drivers, $(3)$ overhead, & $(4)$ product

$(1)$ activities, $(2)$ cost drivers, $(3)$ overhead, & $(4)$ product