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Discuss most companies prefer to use normal costing

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Reference no: EM131764348

Normal Costing is the use of a predetermined overhead rate instead of the actual data to apply overhead to jobs. In most cases businesses prefer normal costing instead of assigning actual overhead costs to jobs. Why do most companies prefer to use normal costing? Please use specific examples of real businesses!

Does anyone know of any examples of real businesses/companies who utilize normal costing?

Reference no: EM131764348

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