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Which of the following statements is true of standard cost? 8. Which of the following statements is true of standard cost? A) It is equal

Which of the following statements is true of standard cost?

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8. Which of the following statements is true of standard cost? A) It is equal to the actual cost of one unit of product. B ) It is the amount management thinks that one unit of product should cost. C)- It allows companies to generate more favorable than unfavorable variances. D) It is often calculated after production for the period is complete

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