Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process account.

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Business

Damaris Wise

22 May, 05:04

Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process account.

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Sage Howard · Answer 1

I will assume this is a true or false question. The answer is false.

In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead.