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Barbra Wells, the financial accountant at Digicel Ltd is considering implementing a standard costing system. She has asked your advice on the following: a) Setting
Barbra Wells, the financial accountant at Digicel Ltd is considering implementing a standard costing system. She has asked your advice on the following:
a) Setting standards
b) Investigating variances
c) Taking corrective action on large variances
You are required to submit a short report for Barbra addressing these three areas.
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