What advantages might a company experience if it adopts ideal standards for its direct material standards and
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What advantages might a company experience if it adopts ideal standards for its direct material standards and direct labor standards? What advantages are there to using practical standards? As an employee, which would you prefer and why? Does your answer change if you are the manager in charge of production? Why or why not?
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Advantages of adopting ideal standards for direct material and direct labor Better cost control Ideal standards provide a clear target for direct mate...View the full answer
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