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Write a short report for bill addressing three areas

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Reference no: EM132637628

Bill Wilson, the financial accountant at Robson Ltd is considering implementing a standard costing system. He has asked your advice on the following:

a) Setting standards
b) Investigating variances
c) Taking corrective action on large variances

Required:

Problem 1: Submit a short report for Bill addressing these three areas.

Reference no: EM132637628

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