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Which of the following is not a step involved in activity-based costing? Identify the activities that consume resources and assign costs to those activities. Determine

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Which of the following is not a step involved in activity-based costing? Identify the activities that consume resources and assign costs to those activities. Determine how to reduce the costs of making products by cutting activities. Compute a cost rate per cost driver unit. Assign costs to products by multiplying the cost driver rate by the volume of cost driver units consumed by the product

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