LO 7-1

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

LO 7-2

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

LO 7-3

Compute activity rates for cost pools.

LO 7-4

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

LO 7-5

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

LO 7-6

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