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  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 19: Cost Concepts and Cost Allocation
  5. Question
    Standard Costing Is Based on Actual Direct Materials and Direct
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Standard Costing Is Based on Actual Direct Materials and Direct

Question 59

Question 59

True/False

Standard costing is based on actual direct materials and direct labor plus estimated overhead.

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