The costs it normally takes to manufacture a product,which is calculated from historical costs and any changes from that,are known as:

Name: The costs it normally takes to manufacture a product,which is calculated from historical costs and any changes from that,are known as:
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Quizplus · Accepted Answer

Standard costs are calculated from historical costs and any changes that may have occurred. It is a predetermined cost that is used as a benchmark for actual costs. The other options are not commonly used terms in cost accounting.

The Costs It Normally Takes to Manufacture a Product,which Is