Quantity price standards
A)are standard price multiplied by standard quantity.
B)specify how much of the quantity of input should be used for the standard price.
C)specify how much should be paid for the quantity of input to be used.
D)specify how much of the quantity of input should be used for the actual price.

Question

Quizplus · Accepted Answer

Quantity price standards specify the amount that should be paid for the quantity of input to be used, focusing on the cost aspect rather than the quantity of the input itself.

Quantity Price Standards