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    Fundamental Accounting Principles Study Set 1
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    Exam 23: Flexible Budgets and Standard Costs
  5. Question
    Standard Costs Are Used in the Calculation Of
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Standard Costs Are Used in the Calculation Of

Question 40

Question 40

Multiple Choice

Standard costs are used in the calculation of:


A) Quantity variances only.
B) Quantity and sales variances.
C) Price and quantity variances.
D) Price variances only.
E) Price, quantity, and sales variances.

Correct Answer:

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