What are standard costs, and what is the purpose of a standard cost system?

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Principles of cost accounting

ISBN: 9780840037039

15th Edition

Authors: Edward J. Vanderbeck

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Posted Date: Dec 06, 2020 01:10 PM

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What are standard costs, and what is the purpose of a standard cost system?

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Standard costs They are the most expected costs used instead of actual costs in the accounting recor... View the full answer

Principles of cost accounting

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