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    Managerial Accounting
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    Exam 4: Job-Order Costing and Normal Cost Overhead Application
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    The Cost of Goods Sold Appearing on the Income Statement
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The Cost of Goods Sold Appearing on the Income Statement

Question 97

Question 97

True/False

The cost of goods sold appearing on the income statement as an expense, when using a normal costing system, is the normal cost of goods sold.

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