Once standard costs are established, what conditions would require that standards be revised?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078025778

17th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Oct 05, 2016 08:38 AM

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Once standard costs are established, what conditions would require that standards be revised?

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Standard costs are developed from a set of assumptions about future budgeted prices wa...View the full answer

Financial and Managerial Accounting the basis for business decisions

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