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How Do Companies Use Standard Costing? Name one business that uses standard costing (A specific business name whether that is a manufacturing or service company;
How Do Companies Use Standard Costing?
- Name one business that uses standard costing (A specific business name whether that is a manufacturing or service company; i.e. Amazon)
- Explain how that business uses standard costing (Reflect on on direct materials, direct labor, and manufacturing overhead because standard costs are limited to product costs.)
- Explain the benefits of using the standard costing
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