Traditional normal and standard costing systems use:
A)backflush costing
B)delayed costing
C)post-deduct costing
D)sequential tracking

Question

Quizplus · Accepted Answer

Traditional normal and standard costing systems use sequential tracking to assign costs to products. This involves tracing direct costs to products and allocating indirect costs based on a predetermined overhead rate. Backflush costing, delayed costing, and post-deduct costing are not commonly used in traditional costing systems.

Traditional Normal and Standard Costing Systems Use