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In a Standard Cost System,overhead Is Applied to Production on a Basis

Question 121

Multiple Choice

In a standard cost system,overhead is applied to production on a basis of:


A) the denominator hours chosen for the period.
B) the budgeted hours for the normal production level of activity.
C) the actual hours required to complete the output of the period.
D) the standard hours allowed to complete the output of the perioD.
Standard costing uses standard hours,not actual or budgeteD.

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