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QUESTION 3 Which of the following best describes the assignment of costs in a normal costing system to a cost object: a. trace actual direct
QUESTION 3 Which of the following best describes the assignment of costs in a normal costing system to a cost object: a. trace actual direct materials cost, trace budgeted direct labour cost, allocate indirect manufacturing overhead based on actual overhead rates and actual use of the cost allocation base. b. trace actual direct materials cost, trace budgeted direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and actual use of the cost allocation base. C. trace actual direct materials cost, trace actual direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and actual use of the cost allocation base. d. trace actual direct materials cost, trace actual direct labour cost, allocate indirect manufacturing overhead based on budgeted overhead rates and budgeted use of the cost allocation base for actual output
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