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Acct chapter 11 100% SOLUTION 2024
Acct chapter 11 100% SOLUTION 
 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit basis. 
A)	allocated cost 
B)	applied cost 
C)	standard cost 
D)	flexible cost - ANSWER c 
 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n)	 
A) ideal standard.	 	 
B) perfection standard.	 	 
C) realistic standard.	 		 
D) practical standard. - ANSWER d	 	 
 
As manager...
- Exam (elaborations)
- • 11 pages •
Acct chapter 11 100% SOLUTION 
 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit basis. 
A)	allocated cost 
B)	applied cost 
C)	standard cost 
D)	flexible cost - ANSWER c 
 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n)	 
A) ideal standard.	 	 
B) perfection standard.	 	 
C) realistic standard.	 		 
D) practical standard. - ANSWER d	 	 
 
As manager...