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Which of the following statements is NOT true? Select One a. First stage allocation involves assigning overhead costs to activity cost pools b analyzing processes
Which of the following statements is NOT true? Select One a. First stage allocation involves assigning overhead costs to activity cost pools b analyzing processes and interviewing employees b. 5econd stage allocation involves only direct material, direct labor and manufacturing overhead. c. In the second stage allocation, we identify activity measurements and levels of activity to compute an activity rate for each cost pool. d. With activity based costing, direct materials, direct labor, and shipping costs are directly traceable to products or customer orders, so are excluded from the first and second stage allocations
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