In a normal costing system, actual overhead is used to arrive at the cost of goods manufactured.

Name: In a normal costing system, actual overhead is used to arrive at the cost of goods manufactured.
Brand: Quizplus
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Quizplus · Accepted Answer

In a normal costing system, predetermined overhead rates are used to apply overhead costs to products, rather than actual overhead. Actual overhead is still tracked and compared to the predetermined rate to calculate any over- or under-applied overhead.

In a Normal Costing System, Actual Overhead Is Used to Arrive