Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process accoun

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erastova [34]

3 years ago

13

Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process accoun

t.

Business

1 answer:

fenix001 [56] · Answer 1 · 2022-08-31T16:45:00+03:00

I will assume this is a true or false question. The answer is false.
In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead.