FIN+MAN ACCOUNTING (LL) W/ ACCESS CODE
9th Edition
ISBN: 9781265884871
Author: Wild
Publisher: MCG
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Chapter 21, Problem 8DQ
To determine
The cost which is estimated by the management, this cost includes the cost of process and resources used at the time of manufacturing. This cost is ultimately compared with the actual cost incurred.
To identify: Purpose of using standard cost.
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