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Determine procedures in accounting for standard costs

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Reference no: EM133063464

Question -

Q1. Explain budgeting and relate this to control and performance measure.

Q2. Explain standard costing and its relevance.

Q3. Describe the different standards used in determining standard costs.

Q4. Determine procedures in accounting for standard costs.

Q5. How to prepare a variance analysis for standard costing and normal costing.

Q6. How to examine and interpret the variances.

Reference no: EM133063464

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