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Which of the following statements regarding standard costs is not true? A. Standard costs per unit are predetermined benchmarks for judging what actual costs should
Which of the following statements regarding standard costs is not true?
A. Standard costs per unit are predetermined benchmarks for judging what actual costs should be.
B. Standard costs are useful for planning, implementing, and control decisions.
C. Standard cost per unit is from planned or budgeted data.
D. Standard costs identify the root cause of a problem.
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