Under normal costing,managers compute the amount of manufacturing overhead costs allocated to individual jobs based on the budgeted rate multiplied by the actual quantity used of the allocation base.This is known as:

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Under normal costing, the manufacturing overhead allocated to jobs is calculated by multiplying the budgeted overhead rate by the actual quantity of the allocation base used, which is referred to as "manufacturing overhead allocated."

Under Normal Costing,managers Compute the Amount of Manufacturing Overhead Costs