Which of the Following Would Be Considered an Actual Cost

Multiple Choice

Which of the following would be considered an actual cost of a current period?

A) The $25 of materials in a manufactured chair that is ready to be shipped to the customer
B) The $22 of direct material cost per unit assumed in the actual budget of a manufacturer of chairs
C) The expected cost of materials for a chair as a result of engineering specifications
D) The average of historical material cost data for a chair manufactured in several past accounting periods