Question: hey guys i could use help on this assignment, just need to explain these 3 topics doesnt have to be insanely long, just the answer

1.23-LO 1 Detail all the various types of standards and the process of how they are established. 2. 23-LO 2 . Tell of how standards are used in the budgeting process and of their importance. 3. 23-LO 6 Illustrate how the use of the direct labor time variance in evaluating staff performance in a service setting is important
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