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  3. Study Set
    Fundamental Accounting Principles Study Set 5
  4. Exam
    Exam 24: 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 5

Question 5

Multiple Choice

Standard costs are used in the calculation of:


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

Correct Answer:

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