The standard costs are summarized on a:
A)static cost card.
B)flexible budget card.
C)standard cost card.
D)standard static carD.The standard cost card shows what the company should spend to make a single unit of product based on expected production and sales for the coming period.

Question

Quizplus · Accepted Answer

The standard cost card is specifically designed to summarize the standard costs associated with producing a unit of product. The other options (static cost card, flexible budget card, and standard static card) either do not accurately reflect this information or do not refer to a document commonly used for this purpose.

The Standard Costs Are Summarized on A