A standard cost may be defined as:
A) The actual quantities of material and labour multiplied by the costs of material and labour.
B) The standard quantities of material and labour multiplied by the costs of material and labour
C) The actual quantities of material and labour, multiplied by the costs of material and labour.
D) The standard quantities of material and labour, multiplied by the costs of material and labour expressed per unit

Question

A standard cost may be defined as:
A) The actual quantities of material and labour multiplied by the costs of material and labour.
B) The standard quantities of material and labour multiplied by the costs of material and labour
C)  The actual quantities of material and labour, multiplied by the costs of material and labour.
D) The standard quantities of material and labour, multiplied by the costs of material and labour expressed per unit

Quizplus · Accepted Answer

The Answer is D

A Standard Cost May Be Defined As