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What Is an Advantage of Standard Costing Over Normal Costing

Question 119

Multiple Choice

What is an advantage of standard costing over normal costing and actual costing?


A) provides a greater capacity for control
B) provides limited availability of unit cost information
C) makes it necessary to compute a unit cost for each equivalent unit cost category
D) makes it easy to distinguish the FIFO and weighted average methods of accounting for beginning inventory costs

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