Which of the following statements about actual costing and normal costing is true?
A)Manufacturing costs of a job are available earlier under actual costing.
B)Corrective actions can be implemented sooner under normal costing.
C)Manufacturing costs are available earlier under normal costing.
D)Both B and C are correct.

Question

Quizplus · Accepted Answer

Normal costing allows for the use of predetermined overhead rates, which means costs can be estimated and available sooner, allowing for earlier corrective actions.

Which of the Following Statements About Actual Costing and Normal