Place the Six Cost Estimation Steps into the Correct Order

Multiple Choice

Place the six cost estimation steps into the correct order:

1. Determine the cost drivers
2. Graph the data
3. Select and employ the appropriate estimation method
4. Define the cost object for which the related costs are to be estimated
5. Evaluate the accuracy of the cost estimate
6. Collect consistent and accurate data on the cost object and the cost drivers

A) 6,4,1,3,5,2.
B) 4,1,6,2,3,5.
C) 2,1,4,3,6,5.
D) 1,3,4,6,5,2.