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

Question

Quizplus · Accepted Answer

The seven steps used to assign costs to individual jobs are as follows:
1) Identify the job that is the cost object
2) Identify the direct costs of the job
3) Select the cost-allocation bases to use for allocating indirect costs to the job
4) Identify the indirect costs associated with each cost-allocation base
5) Compute the rate per unit of each cost-allocation base used to allocate indirect costs to the job
6) Allocate indirect costs to the job using the rates computed in step 5
7) Compute the total cost of the job by adding all direct and indirect costs assigned to the job. 
The correct order for these steps is CADB.

Place the Following Steps in the Order Suggested by the Seven