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Author Question: Which of the following statements about actual costing is true? (Read 53 times)

anjilletteb

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on: Mar 6, 2021

Question 1

When using a normal costing system, manufacturing overhead is allocated using the ________ manufacturing overhead rate and the ________ quantity of the allocation base.
◦ budgeted; actual
◦ budgeted; budgeted
◦ actual; budgeted
◦ actual; actual

Question 2

Which of the following statements about actual costing is true?
◦ Manufacturing costs of a job are available earlier under actual costing.
◦ Corrective actions can be implemented sooner under actual costing.
◦ Actual costing uses budgeted indirect-cost rates calculated annually.
◦ Actual costing uses actual indirect-cost rates calculated annually.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by anjilletteb on Mar 6, 2021

SAUXC

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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anjilletteb

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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