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Question 4.PMCQ.2: (LO 1) Activity-based costing: a. is the initial phase of co...

(LO 1) Activity-based costing:
a. is the initial phase of converting to a just-in-time operating environment.
b. can be used only in a job order costing system.
c. is a two-stage overhead cost allocation system that identifies activity cost pools and cost drivers.
d. uses direct labor as its primary cost driver.

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