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The Statement Concerning Actual and Normal Costing That Is True

Question 20

Multiple Choice

The statement concerning actual and normal costing that is true is:


A) Actual costing is carried out at the beginning of the accounting period
B) Information from normal costing is used for pricing purposes
C) Under actual costing direct labour is traced to a job and under normal costing it is allocated
D) All of the statements are true

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