Q659
Costing technique, in which actual direct rates are multiplied to quantity of direct cost inputs is classified as
A.
priced costing
B.
actual costing
AnswerC.
direct costing
D.
indirect costing
Answer: Option B
Solution
Answer: Option B
Solution:
Costing technique, in which actual direct rates are multiplied to quantity of direct cost inputs is classified as actual costing. Actual costing is the recording of product costs based on the following factors: Actual cost of materials.