Question

Standard cost depends upon

Answer 1

Answer:

The material cost is a variable cost item and the amount of cost that one incurs entirely depends on the quantity of output. Thus, if the standard material cost per unit is ` 5, and if the actual output is 100 units, then, the standard cost is ` 500.

Answer 2

Answer:

The material cost is a variable cost item and the amount of cost that one incurs entirely depends on the quantity of output. Thus, if the standard material cost per unit is ` 5, and if the actual output is 100 units, then, the standard cost is ` 500.

Explanation:

hope it helps