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    Managerial Accounting Study Set 23
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    Exam 10: Standard Costs and Variances
  5. Question
    The Standard Quantity or Standard Hours Allowed Refers to the Amount
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The Standard Quantity or Standard Hours Allowed Refers to the Amount

Question 32

Question 32

True/False

The standard quantity or standard hours allowed refers to the amount of the input that should have been used to produce the actual output of the period.

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