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JulsSmile [24]
1 year ago
6

Standard costs have which of the following characteristics? (Check all that apply.)

SAT
1 answer:
grin007 [14]1 year ago
7 0

Standard costs have the following characteristics which include:

  • Used in preparing fixed budgets.
  • Based on past experience and data.
  • Used in preparing flexible budgets.

<h3>What is Standard cost?</h3>

This refers to the estimated cost involved in the production of goods and services and is usually compared with the actual cost to measure disparities.

It is usually gotten based on past experience and data and can be used to prepare different types of budget used by different organizations and government as a whole.

Read more about Standard cost here brainly.com/question/25279292

#SPJ1

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The final stage of the grieving process is __________, which provides __________.
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The Securities and Exchange Commission is responsible for ______.
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6 0
2 years ago
The number of employees in a company decreased from 40 to 28. What is the percentage decrease in the number of employees?.
Verdich [7]

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Answer: <u> </u><u>3</u><u>0</u><u>%</u><u> </u><u> </u><u>decrease</u><u> </u>

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= { \rm{ \frac{(40 - 28)}{40}  \times 100\%}} \\  \\  = { \rm{30\%}}

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