Question: $9-1 Video Case Assignment: Explaining Variance for a Manufacturing Firm Go to www. YouTube.com and search for How It's Made, a television show produced by
$9-1 Video Case Assignment: Explaining Variance for a Manufacturing Firm Go to www. YouTube.com and search for How It's Made, a television show produced by the Dis- covery Channel that shows how thousands of products and services are created. Find any prod- uct that interests you. Assume the company that makes this product uses a standard cost system. answer the following questions: . How would the company go about setting standards for this product? What types of standards would be included? . How would managers of the company use the standard costs
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