Question & Answer: Actual costing is a costing system that traces direct costs to a cost object by​ ________……

Actual costing is a costing system that traces direct costs to a cost object by​ ________.

A.

using the actual direct cost rates times the actual quantities of the​ direct-cost inputs

B.

using the budgeted direct cost rates times the actual quantities of the direct cost inputs

C.

using the budgeted direct cost rates times the budgeted quantities of​ direct-cost inputs

D.

using the actual direct costs rates times the budgeted quantities of the​ direct-cost inputs

Expert Answer

 

Actual costing is a costing system that traces direct costs to a cost object by:

A)

using the actual direct cost rates times the actual quantities of the​ direct-cost inputs

All other options are incorrect.

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