In normal costing,how are direct materials,direct labour,and overhead costs assigned?
A) Actual direct materials, actual direct labour, and actual overhead costs are assigned to products.
B) Actual direct materials cost is assigned to products, but direct labour and overhead costs are assigned using predetermined rates.
C) Actual direct labour cost is assigned to products, but direct material and overhead costs are assigned using predetermined rates.
D) Actual direct material and direct labour costs are assigned to products, but overhead costs are assigned using predetermined rates.
Correct Answer:
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Q1: Which of the following is a production
Q3: Which of the following types of businesses
Q4: What is characteristic of job-order costing?
A)It is
Q5: When using normal costing,which costs never enter
Q6: How are unit costs calculated?
A)by dividing total
Q7: What formula is used to calculate the
Q8: Which of the following costs are easy
Q9: Which of the following statements about overhead
Q10: Which of the following is a characteristic
Q11: From an operational perspective,which is not a
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