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Business, 11.12.2019 20:31 JelloDawn

All of the following are advantages of using standard costs and variances except a. standard costing systems simplify the bookkeeping process. b. standard costs and benchmarks are useful tools that managers use as a basis for creating the master budget. c. the timeliness that occurs when variances are computed once each month. d. standard costs establish benchmarks managers use to judge actual costs.

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