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?

Multiple Choice

• 1, 2, 3, 4.
• 2, 4, 1, 3.
• 3, 4, 2, 1.
• 4, 2, 1, 3.
• 4, 3, 2, 1.