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    Management Accounting Study Set 4
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    Exam 10: Standard Costs for Control: Direct Material and Direct Labour
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    In a Standard Costing System All Inventories Are Recorded at
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In a Standard Costing System All Inventories Are Recorded at

Question 37

Question 37

Multiple Choice

In a standard costing system all inventories are recorded at


A) actual cost.
B) standard cost.
C) budgeted cost.
D) purchase cost.

Correct Answer:

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