Which of the following is false regarding normal costing systems?

Group of answer choices

Unlike actual costing, a normal costing system assigns direct materials and labor costs to products using normal estimated costs.

In a normal costing system, overhead is assigned using a predetermined overhead rate multiplied by an actual activity.

A normal costing system estimates the total overhead cost to be occurred and the total activity to be performed during the period to set a predetermined overhead rate.

A normal costing system has less capacity for cost control and management than a standard costing system.