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Can you summarize chapter 10.2 Standard Cost and help me understand howStandard costs are used to evaluate performance? Chapter 10 source: 10.2 Standard Costs https://saylordotorg.github.io/text_managerial-accounting/s14-02-standard-costs.html

Can you summarize "chapter 10.2 Standard Cost" and help me understand howStandard costs are used to evaluate performance?

Chapter 10 source:10.2 Standard Costs

https://saylordotorg.github.io/text_managerial-accounting/s14-02-standard-costs.html

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