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7. Determine potential savings by filling in the standard and potential cost % and then calculating the potential savings. Actual Cost Standard Cost Actual Sales
7. Determine potential savings by filling in the standard and potential cost % and then calculating the potential savings.
Actual Cost
Standard Cost
Actual Sales
Standard Cost %
Potential Cost %
Savings
$
%
a.
318.20
301.00
860.00
b.
1394.40
1324.68
3486.00
c.
3919.30
3695.34
11198.00
What is the point in knowing the potential savings?
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Advances In International Accounting Volume 20
Authors: J. Timothy Sale
1st Edition
0762313994, 9780762313990
