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    Managerial Accounting Study Set 17
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    Exam 9: Standard Costing and Variances
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    A Price Standard Is the Price That Should Be Paid
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A Price Standard Is the Price That Should Be Paid

Question 75

Question 75

True/False

A price standard is the price that should be paid per output unit for the input.A price standard is the price that should be paid for a specific quantity of input,not per output unit.

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