Actual costing is a costing system that traces budgeted direct costs to the cost object and allocates indirect costs based on the actual cost-driver rate.
Correct Answer:
Verified
Q62: When do managers use a job-costing?
_
_
Q63: By using a matrix initially to match
Q64: Schmenner classifies services into four categories-professional service,service
Q65: Compare job-costing and process-costing systems.
_
_
Q66: What is normal costing?
_
_
Q68: Schmenner classifies services according to two dimensions:
Q69: The throughput time for a service transaction
Q70: An operation-costing system is a hybrid costing
Q71: What system to manager use when the
Q72: The budgeted cost-driver rate measures actual capacity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents