Weiping Jiang
Abstract
Standard cost is a kind of method to calculate cost,by which indirect and cost are calculated according to the expected number.So it should be employed in business which is beneficial to decide,cost-calculating as well as cost-controlling.
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Standard cost is a kind of method to calculate cost,by which indirect and cost are calculated according to the expected number.So it should be employed in business which is beneficial to decide,cost-calculating as well as cost-controlling.
Key concepts: Cost estimate, Implicit cost, Total cost, Relevant cost, Mathematics, Economics, Microeconomics, Management