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Why is actual costing rarely used for product costing?

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Why is actual costing rarely used for product costing?

Answered Same Day Dec 29, 2021

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Robert answered on Dec 29 2021
106 Votes
Why is actual costing rarely used for product costing?
Actual costing systems are rarely used in practice because
1) It does not provide accurate unit cost information on time.
2) Actual per-unit overhead costs doesn’t remain same .It varies from time to time
ecause in each period number...
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