Standard costs have which of the following characteristics? (Check all that apply.) Multiple select question....

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Accounting

Standard costs have which of the following characteristics? (Check all that apply.) Multiple select question. they are useful for manufacturing companies, but not service companies they are developed by the SCAB (Standard Cost Accounting Board) they are preset costs for delivering a product or service under normal conditions they are used to help management understand reasons for variances production managers help determine production requirements for a unit of product

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