What is a standard cost? A). The total amount that appears on the budget for product costs.

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What is a standard cost?

A). The total amount that appears on the budget for product costs.

B). Any amount that appears on a budget.

C). The total number of units times the budgeted amount expected.

D). The amount management thinks should be incurred to produce a good or service.

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Oct 10, 2020 11:34 AM

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What is a standard cost? A). The total amount that appears on the budget for product costs.

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The correct answer is option D The amount management th... View the full answer

Horngrens Financial and Managerial Accounting

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