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Select all that apply Which of the following statements are true? Multiple select question. The only difference between actual and normal costing how direct labor

Select all that apply Which of the following statements are true? Multiple select question. The only difference between actual and normal costing how direct labor costs are calculated. Normal costs are expected costs the firm should attain. Normal costing systems provide a timely estimate of total product cost. Standard costing systems provide a basis for performance evaluation

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