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A standard cost system can strengthen management, cost control, and all of the following ways,...

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Accounting

A standard cost system can strengthen management, cost control, and all of the following ways, except;

Management will be able to manage by exception

Management will be able to set standards without input from production workers

The breakdowns of variances into various components help management trace the source of potential cost problems

Timely reporting a variances allows management to take corrective action before cost get out of hand

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