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APC 309 Strategic Management Accounting Assignment Sample

Ans 3 i) Purposes of Standard Costing System: According to Pagare (2020), Standard costing frameworks help in engineering endeavors and getting snippets of data into the conceivable effect of definitive choices on cost levels and points of interest. Standard expenses are used for: Setting up money related plans. Standardizing expenses and inspiration and evaluating efficiencies. Advancing conceivable cost decay. …

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