Final answer:
Assign manufacturing overhead costs for each cost pool to products, using the overhead rates. The answer is D) Assign manufacturing overhead costs for each cost pool to products, using the overhead rates.
Step-by-step explanation:
The answer is D) Assign manufacturing overhead costs for each cost pool to products, using the overhead rates.
Under activity-based costing, the four steps involved in calculating unit costs are as follows:
Identify and classify the major activities involved in the manufacture of specific products.
Allocate manufacturing overhead costs to the appropriate cost pools.
Compute the overhead rate per cost driver.
Assign manufacturing overhead costs for each cost pool to products, using the overhead rates.
The step that does not belong to the activity-based costing calculation process is determining the firm's cost structure, which includes calculating total cost, average variable cost, average total cost, and marginal cost, whereas the ABC steps involve identifying costs, allocating overhead, computing rates, and assigning costs to products.
The step that is not one of the four steps involved in calculating unit costs under activity-based costing (ABC) from the options provided is: 'Determine the cost structure for the firm.' In ABC, the major steps are:
Identify and classify the major activities involved in the manufacture of specific products.
Allocate manufacturing overhead costs to the appropriate cost pools.
Compute the overhead rate per cost driver.
Assign manufacturing overhead costs for each cost pool to products, using the overhead rates.
The step described in the question, determining the cost structure by calculating total cost, average variable cost, average total cost, and marginal cost, is generally an initial step in understanding overall cost behavior but is not specific to the ABC method.