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    Introduction to Management Accounting Study Set 3
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    Exam 8: Flexible Budget and Variance Analysis
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    A Standard Cost Is a Unit Cost That
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A Standard Cost Is a Unit Cost That

Question 12

Question 12

Multiple Choice

A standard cost is a unit cost that:


A) the company attained in the most recently completed period
B) should be attained
C) should never be revised
D) is the average cost for the industry

Correct Answer:

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