If a company produces a given type of product only one time, will standard costing be as

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If a company produces a given type of product only one time, will standard costing be as useful as if the company continually produces the same type of product? Explain.

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Cost Accounting Traditions and Innovations

ISBN: 978-0324026450

4th edition

Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael

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Question Posted: Nov 02, 2016 08:08 AM

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If a company produces a given type of product only one time, will standard costing be as

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Yes the standard costing system would work in this scenario This is because standard cos...View the full answer

Cost Accounting Traditions and Innovations

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