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Question 3 2 pts Standard Costing is a costing system that A Traces direct costs to output produced B. Allocates overhead costs on the basis

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Question 3 2 pts Standard Costing is a costing system that A Traces direct costs to output produced B. Allocates overhead costs on the basis of standard prices or rates by the standard i s or hours of inputs allowed for the output produced OC. Aand are correct

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