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Which of the following is not true regarding normal costing?- At the end of the year, any under or over allocation is typically closed out
Which of the following is not true regarding normal costing?- At the end of the year, any under or over allocation is typically closed out to COGS. -More than one statement is not true. -More timely than actual costing. -MOH costs are estimated before the year begins. -More accurate than actual costing.
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