Standard costs are divided into which of the following components?

A) Variance Standard and Quantity Standard
B) Materials Standard and Labor Standard
C) Quality Standard and Quantity Standard
D) Price Standard and Quantity Standard


D

Business

You might also like to view...

A currency speculator's goal is to buy a currency at a low price and immediately resell it at a higher price, thus realizing a risk less profit.

a. True b. False

Business

What are the benefits and risks of making Internet sales?

Business

It is possible to construct a nominal scale that provides partial information on order (the partially ordered scale)

Indicate whether the statement is true or false

Business

Legal capital of a corporation is the maximum amount that can be reported as contributed capital

Indicate whether the statement is true or false

Business