Cost Management

4-14 Distinguish between an actual costing system and a normal costing system. What are the components of actual manufacturing costs and the components of normal manufacturing costs? 4-15 What is the best way to choose an appropriate cost driver or cost drivers when applying factory overhead? 4-16 What is the difference between normal and abnormal spoilage? 4-17 How is job costing in a service firm different from job costing in a manufacturer