First step in how a standard costing system operates is for the are recorded for each for each
Second step in how standard costing system operates is for each are to each
Third step in how standard costing system operates is and are
Fourth step in how standard costing system operates is are investigated and is taken where
Fifth step in how standard costing system operates is are monitored and to changes in and/or
One approach used for setting standard costs is using records to and usage
Another approach used for setting standard costs is on
Engineering studies- of each operation, based on of materials, and equipment and on observations of
One purpose of standard costing system is providing that can be used for purposes
Another purpose of standard costing system is setting which are to achieve
Third purpose of standard costing system is providing and source of for
Fourth purpose of standard costing system is acting as by highlighting that do not to plan and therefore to situations that may be and in need of
Fifth purpose of standard costing system is of costs to for profit and purpose
Standard cost- that are and should be under conditions