What role do standard costs play in controlling operations, Accounting Basics

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What role do standard costs play in controlling operations

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What role do standard costs play in controlling the operations of a business? How are standard costs developed for direct materials, direct labor, and manufacturing overhead? Are there ever costs that we can%u2019t develop standards for related to manufacturing the goods?

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Accounting Basics: What role do standard costs play in controlling operations

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Accounting Basics: What role do standard costs play in controlling operations

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