A standard cost card is prepared after manufacturing standards have been developed for direct materials,direct labor,and factory overhead.

Name: A standard cost card is prepared after manufacturing standards have been developed for direct materials,direct labor,and factory overhead.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A standard cost card is a document containing the standard cost details for each unit of a product, derived from the standards set for direct materials, direct labor, and factory overhead.

A Standard Cost Card Is Prepared After Manufacturing Standards Have