Question: Normal capacity utilization ____. a. is also called master-budget capacity utilization. b. results in the lowest cost estimate of the four capacity options when used

Normal capacity utilization ____.

a.

is also called master-budget capacity utilization.
b.

results in the lowest cost estimate of the four capacity options when used for product costing.
c.

will almost always show results that are very close to that of practical capacity utilization.
d.

can result in setting selling prices that are not competitive.

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