How standard cost systems provide companies with a number

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Question 1: Standard cost systems provide companies with a number of advantages, argue the statement.

Question 2: Compare / contrast. Why are these two different?

a) Inventoriable costs and period costs.

b) Direct costs and indirect costs.

c) Manufacturing costs and non-manufacturing costs.

d) Period costs and product costs.

e) Operating costs and non-operating costs.

Reference no: EM132546799

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