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Author Question: The difference in standard price and standard cost of direct material is that (Read 53 times)

kms5229

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on: Feb 5, 2023
The difference in standard price and standard cost of direct material is that
◦ standard price is the amount paid to obtain one unit of material from a vendor; standard cost is the amount to produce one unit of product.
◦ standard price is the amount added to work in process as material is put into production; standard cost is the amount to produce one unit of product.
◦ standard price is the amount to produce one unit of product; standard cost is the amount paid to obtain one unit of material from a vendor.
◦ standard price is the amount to produce one unit of product; standard cost is the amount added to work in process as material is put into production.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by kms5229 on Feb 5, 2023

dude123

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kms5229

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

mochi09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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