Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Cost and Management Accounting Activity-Based Costing (ABC)
Following are the steps in the activity-based cost allocation:
a) Identification of the main activities
b) Collection of cost pool
c) Determination of the activity cost drivers
d) Calculation of activity driver rate
e) Charging the cost of activities to products
Select the correct sequence of the above steps:
1
a, b, c, e, d
2
a, b, e, d, c
3
a, b, c, d, e
4
a, d, c, b, e