ECONOMICS

COST ACCOUNTING

COST MANAGEMENT SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How is the standard cost of a manufactured configured item calculated?
A
It is based on the material and resource requirements of a released work order.
B
The standard cost of a model item is calculated.
C
The standard cost is calculated for every possible combination of options under a model
D
It is based on the actual cost of the work order after it is completed.
Explanation: 
There is 1 question to complete.