QUESTION 9 Which of the following would be considered an actual cost of a current period?...

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business accounting

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Answer 1

Answer #1

Correct Answer is The $25 of materials in a manufactured chair that is ready to be shipped to customer.

The material cost of which finished product is ready can be taken as actual cost.

Budgeted cost of material cannot be taken as actual cost of current period

Expected cost cannot be taken as actual cost as these are not fixed they are presumeable cost.

The average historical cost cannot be taken as actual cost as historical cost can vary in the present situation .

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Answer 2

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QUESTION 9 Which of the following would be considered an actual cost of a current period?...

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