Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

What is a standard cost?
a. The amount management thinks should be incurred to produce a good or service.
b. The total number of units times the budgeted amount expected.
c. Any amount that appears on a budget.
d. The total amount that appears on the budget for product costs.