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Author Question: Standard costs are: a. what costs are after paying all invoices b. what costs will be after ... (Read 14 times)

pepyto

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Standard costs are:
 
  a. what costs are after paying all invoices
  b. what costs will be after paying all invoices
  c. ideal costs, set by management and compared to actual costs.
  d. actual costs
  e. none of the above

Question 2

The Herbed Chicken and Stuffing currently sellsin Carl's establishment for 12.95 . It costs 3.40 tomake. Carl wants to raise the price of this dish to13.95 . What will be the contribution margin ofthe dish if Carl raises the price?
 
  a. 8.55
  b. 10.55
  c. 12.55
  d. 13.55



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Heffejeff

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Answer to Question 1

C

Answer to Question 2

B





 

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