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In standard costing, standard quantity allocation is multiplied to standard overhead rates for allocating

A. flexible costs

B. variable costs

C. overhead costs

D. fixed costs

Answer: Option C

Solution(By Examveda Team)

In standard costing, standard quantity allocation is multiplied to standard overhead rates for allocating overhead costs. Overhead costs refer to those expenses associated with running a business that can't be linked to creating or producing a product or service.

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