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Which of the following is not one of the objectives in utilizing standard costs? Select one: a. To simplify costing procedures and expedite cost reports.
Which of the following is not one of the objectives in utilizing standard costs?
Select one:
a. To simplify costing procedures and expedite cost reports.
b. To allow management to readily determine and focus attention on special problem areas.
c. To allow a measure of cost assuming ideal or perfect operating conditions.
d. To provide a measure of budgeted cost for a single unit of activity.
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