View Policies Current Attempt in Progress Activity based costing allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers. allocates overhead directly to products and services based on activity levels. accumulates overhead in one cost pool, the assigns the overhead to products and services by means of a cost driver. O assigns activity cost pools to products and services, then allocates overhead back to the activity cost pools. Save for Later Attempts:0 of 1 used Submit