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answer please 12. Which of the following statements regarding standard costing system is incorrect? a. The difference between actual costs assigned and the standard costs

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12. Which of the following statements regarding standard costing system is incorrect? a. The difference between actual costs assigned and the standard costs of the work done determines the variance. b. Favorable variances should be credited. c. The use of standard costs contributes to management control. d. Standard costing system complicates the costing of inventories

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