What Is a Standard Cost

question 67

Multiple Choice

What is a standard cost?

• A) The total number of units times the budgeted amount expected
• B) Any amount that appears on a budget
• C) The total amount that appears on the budget for product costs
• D) The amount management thinks should be incurred to produce a good or service

---

Definitions:

Zora Neale Hurston

An influential African-American writer and folklorist known for her significant contributions to African-American literature and culture in the early 20th century.

Pulitzer Prize

A prestigious award given annually in several categories to recognize outstanding achievements in journalism and the arts in the United States.

Alice Walker

An African American novelist, short story writer, poet, and social activist, best known for her 1982 novel "The Color Purple."

Political Power

The ability or authority to control or influence the behavior of others, especially in the governance of a country or area.