"Normal Costing" and "Actual Costing" are two allowable costing systems in job costing.
a. What is the primary difference between the two systems?
b. Which approach is generally considered better for managerial decision-making and why?

Question

Quizplus · Accepted Answer

The Answer of "Normal Costing" and "Actual Costing" are two allowable costing systems in job costing.
a. What is the primary difference between the two systems?
b. Which approach is generally considered better for managerial decision-making and why?

"Normal Costing" and "Actual Costing" Are Two Allowable Costing Systems