With respect to overhead,what is the difference between normal costing and standard costing?
A)Use of a predetermined overhead rate.
B)Use of standard hours versus actual hours.
C)Use of a standard rate versus an actual rate.
D)The choice of an activity measure.
E)There is no differencE.

Question

Quizplus · Accepted Answer

Normal costing uses actual hours worked to apply overhead, while standard costing uses standard hours allowed for the actual production level.

With Respect to Overhead,what Is the Difference Between Normal Costing