Option (D.) is the correct answer thus we can say that Actual Cost is the sum of money spent so far.
As the word explains, actual cost means any expenditure on the product, starting from manufacturing, delivery, set-up, assets, etc. It is very different from other costs here we have to calculate whatever we have spent on any asset till now whereas other costs like target cost and estimated cost estimate whatever expenditure we are going to do in the future. Here the predetermined cost is again another type of estimated cost. Thus here we can say that "The sum of money spent so far is the Actual Cost."
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