Question: Assuming that total under/over applied overhead is closed to cost of goods sold, all three costing methods (normal, standard , actual) end up with the

Assuming that total under/over applied overhead is closed to cost of goods sold, all three costing methods (normal, standard , actual) end up with the same operating income at the end of the year. Why then do companies use different costing methods if the operating income at the end of the year is always the same?

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