English, asked by madankumar3101, 7 months ago

the difference between a standard cost and the comparble actual cost is

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Answered by Anonymous
0

Answer:

A standard cost is a pre-determined or pre-established cost to make a unit of finished product. ... Actual cost is the actual cost of direct materials, direct labor, and overhead to make a unit of product. The difference between actual cost and standard cost is called variance.

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Answered by khushidua33
1

Answer:

A standard cost is a pre-determined or pre-established cost to make a unit of finished product. ... Actual cost is the actual cost of direct materials, direct labor, and overhead to make a unit of product. The difference between actual cost and standard cost is called variance.

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