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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 9: Standard Costing and Variance Analysis
  5. Question
    A Standard Cost System Initially Records Manufacturing Costs at the Standard
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A Standard Cost System Initially Records Manufacturing Costs at the Standard

Question 67

Question 67

True/False

A standard cost system initially records manufacturing costs at the standard rather than the actual amount.

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