A Costing System That Uses Actual Costs for Direct Materials

question 134

Multiple Choice

A costing system that uses actual costs for direct materials and labor and predetermined overhead rates to apply overhead is called a(n)

• A) actual costing system.
• B) normal costing system.
• C) standard costing system.
• D) activity-based costing system.

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Definitions:

Cannot Be Instantiated

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Superclass

The parent class from which a subclass inherits fields and methods in object-oriented programming.

Unchecked Exception

A type of exception in Java that does not need to be declared in a method or constructor's throws clause if it can be thrown during the execution of the method or constructor.

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