= Homework CH MS QUIZ Question 3, EMG-18 (book stasie) ww S0024 ports O Point 4 Save My od 1.000 de compris 2004. The standardnica who comprador $136 peryod The Coche 2.500 of closed the 10 Send weet oor hours per 512.00 per motor 1.700 hours add $10 perto Padre Format 1 Wheels of second Scotrangers doo Requirements 1. We benefits of a costa 2. Galicia de contracte dret weber cost and there are Print Done Requirement 1. What are the benefits of setting cost standards? Standard costing helps managers do the following: Create new products Decrease accounting costs Develop more efficient production methods Identify performance standards Increase production levels Increase sales volume Prepare the master budget