Standard costs serve as a device for measuring efficiency.
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Q9: Ideal standards are developed under conditions that
Q10: Standards are set for only direct labor
Q11: Standard costs should always be revised when
Q12: Currently attainable standards do not allow for
Q13: If employees are given bonuses for exceeding
Q15: A variable cost system is an accounting
Q16: Normal standards allow for normal production difficulties
Q17: The fact that workers are unable to
Q18: In most businesses, cost standards are established
Q19: Changes in technology, machinery, or production methods
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