Calculator The four steps necessary to complete a cost of production report in a process cost system are 1. allocate costs to transferred and partially completed units 2. determine the units to be assigned costs 3. determine the cost per equivalent unit 4. calculate equivalent units of production The correct ordering of the steps is Oa. 2,3,4,1 Ob. 4,2,3,1 Oc. 2, 4, 3,1 Od. 2, 3, 14