Suppose you are a management consultant and a client asks you why companies include standard costs in

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Suppose you are a management consultant and a client asks you why companies include standard costs in their cost accounting systems. Prepare your response, listing several purposes for using standard costs.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Question Posted: Feb 23, 2012 05:59 AM

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Suppose you are a management consultant and a client asks you why companies include standard costs in

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Standard costs provide the following advantages to management 1 They are useful ...View the full answer

Principles of Accounting

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