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Which of the following is not true with respect to different product costing systems? A. In normal costing, actual direct material costs are assigned to
Which of the following is not true with respect to different product costing systems?
A. In normal costing, actual direct material costs are assigned to the actual output.
B. In standard costing, budgeted direct material costs are assigned to the actual output.
C. In actual costing, actual manufacturing overhead is assigned to the actual output.
D. In standard costing, manufacturing overhead is applied using the budgeted base for budgeted output.
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