Which of the following is a reason companies use standard costs?

Which of the following is a reason companies use standard costs? O A. to set sales prices of products and services O B. to ensure the accuracy of the financial records OC. to enhance customer loyalty OD. to share best practices with other companies Which of the following is a reason companies use standard costs? O A. to set sales prices of products and services O B. to ensure the accuracy of the financial records OC. to enhance customer loyalty OD. to share best practices with other companies

A. To set sale prices of products and services
Companies prepares the budget using standard cost which helps
them to set the sale price to be charged to customers

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