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Standard costing

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(Querist)
25 June 2013 WHAT IS THE CONCEPT OF STANDARD COSTING?
WHAT IS IT USEFULLNES?
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Rupesh Jain

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Rupesh Jain (Expert)
26 June 2013 standard costing is
we estimate the a cost which come to produce a product normall its base on [past experiace or industry norms

it is usefull comparison with actual cost of product

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