Question: Developing a standard cost for a product or service will usually involve: a. efforts of cost accounting personnel only. b. focusing only on variable costs.

Developing a standard cost for a product or service will usually involve: a. efforts of cost accounting personnel only. b. focusing only on variable costs. c. the same kind of communication involved in the overall budgeting process. d. concentrating on historical costs and performance levels. Can you help me understand why

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