Multiple Choice
Annual cost rates are preferred over actual cost rates for all of the following reasons EXCEPT:
A) budgeted indirect-cost rates are known prior to the inception of a new job.
B) budgeted costs allow managers to have cost information on a timely basis.
C) budgeted-cost rates can be used to allocate direct or indirect costs
D) budgeted costs may be subject to short-run fluctuations.
Correct Answer:
Verified
Correct Answer:
Verified
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