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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 10: Standard Costing and Variance Analysis
  5. Question
    The Standard Unit Cost Is Developed Before the Standard Costs
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The Standard Unit Cost Is Developed Before the Standard Costs

Question 157

Question 157

True/False

The standard unit cost is developed before the standard costs for direct materials, direct labor, and overhead can be set.

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