Question

द ऑब्जेक्टिव ऑफ स्टैंडर्ड कॉस्टिंग इज टू​

Answer 1

Control and reduce costs.

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Answer 2

Explanation:

Objectives of using Standard Costing System. To control costs mainly by setting standards for each type of cost incurred – material, labour and overhead. It also helps in analyzing variances and hence judging the effectiveness of managers in controlling the costs for which they are held responsible.

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