The four steps used to allocate producing department activity cost pools using the ABC approach are what?
A) step 1: divide the costs in each producing department
step 2: trace the direct costs to the appropriate products or services.
step 3: determine the key components of the system
step 4: calculate and interpret the ABC info
B) step1:divide the costs in each producing department
step 2: develope the relationships between recources, activities, and cost objects
step 3: apply variable costs on the basis of the actual amount of the cost allocation base
step 4:calculate and interpret the new ABC info
C) step 1: determine key components of the system
step 2: develop the relationships between resources, activities, and cost objects
step 3: collect relevent data concerning costs and the physical flow of cost allocation base units amount activities
step 4:calculate and interpret the new ABC info
D) step 1: collect relevent data concerning costs
step 2: select cost pools and related cost allocation bases in each production department and assign departmental costs to the appropriate cost pool
step 3: apply fixed costs on the basis of the budgeted amount of the cost allocation base
step 4: calculate and interpret the new ABC info.