A budget for a single unit of a product or service is calleda. fixed costb. real costc. total costd. standard cost

Correct Answer:d. standard cost Explanation:A budget for a single unit of a product or service…

Answered: A budget for a single unit of a product…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter8: Budgets And Bank Reconciliations

Section: Chapter Questions

Problem 1Q

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A budget for a single unit of a product or service is called a. fixed cost b. real cost c. total cost d. standard cost