How do you think the idea of standard costs (related to your major) could be used in a service industry such as a hospital, clinic, law office, insurance company, IT department, non-profit, etc.?
How do you think the idea of standard costs (related to your major) could be used in a service industry such as a hospital, clinic, law office, insurance company, IT department, non-profit, etc.?
As a manager of one of these organizations what changes do you think you could make as a result of reviewing the variances we learned this week (materials, labor, overhead)?
Be sure to provide specific, relevant examples of the use and analysis of the variance results.
only use scholarly sources from proquest, and must include intext citations and a reference page
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