When Using a Standard Costing System,which of the Following Statements

question 35

Multiple Choice

When using a standard costing system,which of the following statements is true?

• A)There is never any question about the recorded cost of a unit in inventory; it is always at the standard cost.
• B)There is always a question about the recorded cost of a unit in inventory; the standard cost differs with each purchase.
• C)A unit recorded in inventory last week and one recorded in inventory today will not have the same recorded cost.
• D)None of these ans choices are true.

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