In a Normal Cost System,which of the Following Is Used

question 108

Multiple Choice

In a normal cost system,which of the following is used?
Actual direct materials           Actual direct labor           Actual overhead

• A)yes no yes
• B)yes yes yes
• C)yes yes no
• D)no yes no

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Definitions:

Technology Component

An element or part of a larger technological system that performs a specific function.

Quality Improvement

A systematic, formal approach to the analysis of performance and systematic efforts to improve it.

Organizational Success

The achievement of the key objectives and goals set by an organization, often measured by financial performance, market share, and innovation.

Business

The practice of engaging in commerce, trading, manufacturing, or services as a means of livelihood or profit.