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KaptainZ KaptainZ
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4 years ago
Standard costing is a cost system that allocates overhead costs on the basis of overhead cost rates based on actual overhead costs times the standard quantities of the allocation bases allowed for the actual outputs produced.
[True or False]
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irishman152irishman152
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4 years ago
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 False
Explanation:  Standard costing is a costing system that traces direct costs to output produced by multiplying the standard prices or rates by the standard quantities of inputs allowed for actual outputs produced.
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KaptainZ Author
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4 years ago
Smart ... Thanks!
kevin12323h
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Yesterday
This site is awesome
megan.xo
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2 hours ago
Helped a lot
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