Managers try to use a variation of ________ costs;and,they use budgeted rates to assign ________ costs.

Question

Quizplus · Accepted Answer

Managers typically use normal costs, which are regularly incurred, and they assign indirect costs using budgeted rates. Abnormal costs are unexpected and atypical, and periodic costs are incurred from time to time rather than on a regular basis. Frequent and variable costs do not accurately describe the common practices managers use for cost accounting.

Managers Try to Use a Variation of ________ Costs;and,they Use