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What is standar?

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Anonymous

∙ 14y ago
Updated: 7/18/2023

Under standard costing standard costs are determined which are required to produce one unit of product and then variance analysis is done to find out if there is any variations form standards costs and actual costs and then try to eliminate those variations. The whole process is called standard costing.

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Cullen Jacobs ∙

Lvl 9
∙ 2y ago
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