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Which of the following best describes normal costing? a. the allocation of overhead by multiplying a predetermined overhead rate by budgeted activity b. the allocation
Which of the following best describes normal costing?
a. the allocation of overhead by multiplying a predetermined overhead rate by budgeted activity
b. the allocation of overhead by multiplying a predetermined overhead rate by standard activity.
c. the allocation of overhead by multiplying a predtermined overhead rate by actual activity.
d. the allocation of overhead by multiplying a predtermined overhead regression rate by standard activity.
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