What is the unit standard cost?
A)the product of the standard price times the standard quantity for each unit
B)the price standard for each unit
C)the actual cost for a standard product
D)the amount of actual cost to produce a unit in a standardized process

Question

Quizplus · Accepted Answer

The unit standard cost is calculated by multiplying the standard price by the standard quantity for each unit, which represents the expected cost to produce a unit under normal conditions.

What Is the Unit Standard Cost