Explain what is meant by the following terms: (a) A standard, (b) A standard cost, (c) A

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Explain what is meant by the following terms:

(a) A standard,

(b) A standard cost,

(c) A variance,

(d) Variance analysis.

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Accounting For Non-Accounting Students

ISBN: 9781292128979

9th Edition

Authors: John R. Dyson, Ellie Franklin

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