Conceptual objectives:

1. Distinguish between the plantwide overhead rate method, the departmental overhead rate method, and the activity-based costing method
2. Explain cost flows for activity-based costing.

Analytical objectives:

1. Identify and assess advantages and disadvantages of the plantwide overhead and departmental overhead rate methods
2. Identify and assess advantages and disadvantages of activity-based costing.

Procedural objectives:

1. Allocate overhead costs to products using the plantwide overhead rate method
2. Allocate overhead costs to products using the departmental overhead rate method.
3. Allocate overhead costs to products using activity-based costing.