Which of the Following Shows the Steps Required to Implement

Multiple Choice

Which of the following shows the steps required to implement activity-based costing in the correct order?

A) Allocate overhead costs to products;identify costly activities to complete products;assign overhead costs to activities;identify cost drivers for each activity;and calculate a predetermined overhead rate for each activity.
B) Allocate overhead costs to products;identify cost drivers for each activity;assign overhead costs to activities;identify costly activities to complete products;and calculate a predetermined overhead rate for each activity.
C) Identify costly activities to complete products;assign overhead costs to activities;identify cost drivers for each activity;calculate a predetermined overhead rate for each activity;and allocate overhead costs to products.
D) Identify cost drivers for each activity;assign overhead costs to activities;identify costly activities to complete products;calculate a predetermined overhead rate for each activity;and allocate overhead costs to products.
E) None of the answer choices is correct.