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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 10: Standard Costing: a Managerial Control Tool
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    What Are Price Standards Based On
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What Are Price Standards Based On

Question 67

Question 67

Multiple Choice

What are price standards based on?


A) the amount that should be paid per unit of output
B) the amount that should be used per unit of output
C) the amount that should be paid per unit of input purchased
D) the amount that should be paid for the total quantity of input to be used

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