LO1

Understand activity-based costing and how it differs from a traditional costing system.

LO2

Assign costs to cost pools using a first-stage allocation.

LO3

Compute activity rates for cost pools.

LO4

Assign costs to a cost object using a second-stage allocation.

LO5

Use activity-based costing to compute product and customer margins.

LO6

(Appendix 7A) Prepare an action analysis report using activity-based costing data and interpret the report.

LO7

(Appendix 7B) Use activity-based costing techniques to compute unit product costs for external reports.