Determined price at which company expects to pay for every single unit is called
A. standard price
B. input price
C. actual input
D. output price
Answer: Option A
Solution (By Examveda Team)
Determined price at which company expects to pay for every single unit is called standard price. Standard price is the pre-established uniform price for a good or service, based on its historical price, replacement cost, or an analysis of its competitive position in the market.This Question Belongs to Management >> Management Accounting
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