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Which of following is not correct about normal costing? Select one: a. Predetermined rate is used to apply direct manufacturing costs b. Product cost includes
Which of following is not correct about normal costing? Select one: a. Predetermined rate is used to apply direct manufacturing costs b. Product cost includes the traced actual direct materials c. Product cost includes the applied indirect manufacturing cost d. Actual direct labor cost is traced to jobs e. Product cost does not include selling and administrative expenses
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