The Following Tasks Are Associated with an Activity-Based Costing System

Multiple Choice

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?

A) 1, 2, 3, 4.
B) 2, 4, 1, 3.
C) 3, 4, 2, 1.
D) 4, 2, 1, 3.
E) 4, 3, 2, 1.