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All of the following are advantages of using standard costs and variances except standard costing systems simplify the bookkeeping process. the timeliness that occurs when
All of the following are advantages of using standard costs and variances except standard costing systems simplify the bookkeeping process. the timeliness that occurs when variances are computed once each month. standard costs have benchmarks managers use to judge actual costs. standard costs and benchmarks are useful tools that mangers use as a basis in the master budget
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