BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing Cost and Management Accounting Standard costing
Arrange the following steps involved in preparing a cost sheet in the correct sequence:
A. Determining the direct material cost.
B. Calculating the total manufacturing cost.
C. Allocating the overhead costs.
D. Calculating the prime cost.
E. Determining the factory overhead rate.
F. Allocating the direct labor costs.
G. Calculating the total cost per unit.
1
B, C, D, F, A. E, G
2
B, A, D, F, A. C, G
3
C, B, D, F, A. E, G
4
A, F, D, E, C, B, G.
5
A, D, F, E, C, B, G.