Place the following steps in the order suggested by the seven steps used to assign costs to individual jobs:

Question

Quizplus · Accepted Answer

The correct sequence for assigning costs to individual jobs is as follows:
1. Identify cost objects (jobs) - B
2. Identify direct costs - A
3. Choose an allocation base - C
4. Identify indirect costs - D
5. Compute rate per unit of allocation base - (not given in options)
6. Allocate indirect costs to the cost objects - (not given in options)
7. Compute total cost per unit for each job - (not given in options)

Therefore, the correct order is CADB.

Place the Following Steps in the Order Suggested by the Seven