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Multiple Choice QuestionCosts developed which identify what products should cost are calledMultiple choice question.standard costs.product costs.actual costs.

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Solution 1

The correct answer is "standard costs".

Step 1: Understand the question. The question is asking for the type of costs that are developed to identify what products should cost.

Step 2: Analyze the options.

  • Standard costs: These are estimated costs of production. They are used as a benchmark to Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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