Standard costs in a salon operation would be used to estimate the cost of providing services such as haircuts, styling, and coloring. Most costs would include labor, materials and overhead expenses. Understanding and analyzing historical data and trends, a salon can create standard costs for each service offered, allowing them to set prices, budget effectively, and monitor performance. Overall, standard costs in a salon operation help in efficient management and decision making help increased profitability., are you agree with this ? explain a bit more this topic

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