Question
3. The following are the 6 cost pools established for a company using activity-based costing (ABC),...
3. The following are the 6 cost pools established for a
company using activity-based costing (ABC), the pools are related
to the company’s products using cost drivers. For each of the pools
identify a driver.
COST POOL COST DRIVER
Inspection of raw materials
Production equipment repairs and maintenance
Raw materials storage
Plant heat, light, water, and power
Finished product quality control
Production line setups
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