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How calculate standard quantity used in standard cost sheet

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Reference no: EM132668844

Problem 1: What are two possible sources of information a company might use to calculate the standard quantity used in the standard cost sheet?

A. Actual input data from past periods and engineering studies
B. Standard prices and actual results
C. Data from other companies that have similar processes and variance analyses
D. B and C are correct

Reference no: EM132668844

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