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tatyana61 [14]
4 years ago
10

Standard costs are:

Business
1 answer:
Fudgin [204]4 years ago
3 0

Answer:

The answer is E.

Explanation:

Standard cost are budgeted cost and are compared with actual cost at the end of the process to determine whether the variance is favorable or unfavorable.

Standard cost is based on the present cost for delivery a product or acquiring a product. Because present cost will be used for budgeting. Sometimes standard cost are based on historical cost will be used to determine the present cost.

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