Question Tag: Ideal standard

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MA – Nov 2015 – L2 – Q1a – Standard costing and variance analysis

Explain basic cost standards, ideal standards, and currently attainable standards.

Explain the following terms as used in standard costing. (3 marks)
i. Basic cost standards
ii. Ideal standard
iii. Currently attainable standards

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MA – Nov 2015 – L2 – Q1a – Standard costing and variance analysis

Explain basic cost standards, ideal standards, and currently attainable standards.

Explain the following terms as used in standard costing. (3 marks)
i. Basic cost standards
ii. Ideal standard
iii. Currently attainable standards

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "MA – Nov 2015 – L2 – Q1a – Standard costing and variance analysis"

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