Standard costs
A) may show past cost experience.
B) help establish expected future costs.
C) are the budgeted cost per unit in the present.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

Standard costs are predetermined costs and can be based on past cost experience, help establish expected future costs, and serve as the budgeted cost per unit in the present. Therefore, all of the given options are correct.

Standard Costs