Question: Standard costs Select one: 0 O A. are determined by regulators. B. should be developed from average historical costs. C. indicate what it should cost

Standard costs Select one: 0 O A. are determined by regulators.

Standard costs Select one: 0 O A. are determined by regulators. B. should be developed from average historical costs. C. indicate what it should cost to produce one unit of a product under efficient operating conditions. D. should be used in planning and controlling all costs. O O

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