
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
Edition 6ISBN: 978-1305103962 Exercise 66
In a normal costing system, the cost of a job includes
a. actual direct materials, actual direct labor, and estimated (applied) overhead.
b. estimated direct materials, estimated direct labor, and estimated overhead.
c. actual direct materials, actual direct labor, actual overhead, and actual selling cost.
d. actual direct materials, actual direct labor, and actual overhead.
e. None of the above. Job-order costing requires the use of actual, not normal, costing.
a. actual direct materials, actual direct labor, and estimated (applied) overhead.
b. estimated direct materials, estimated direct labor, and estimated overhead.
c. actual direct materials, actual direct labor, actual overhead, and actual selling cost.
d. actual direct materials, actual direct labor, and actual overhead.
e. None of the above. Job-order costing requires the use of actual, not normal, costing.
Explanation
A normal cost system determines unit cos...
Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger
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