A normal costing system records which costs in work in process?
A)actual direct materials, actual direct labor, actual manufacturing overhead
B)applied direct materials, applied direct labor, applied manufacturing overhead
C)applied materials and labor and actual manufacturing overhead
D)actual materials and labor and applied manufacturing overhead

Question

Quizplus · Accepted Answer

A normal costing system records actual direct materials and actual direct labor costs as they are incurred, but applies manufacturing overhead to products based on a predetermined overhead rate.

A Normal Costing System Records Which Costs in Work in Process