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What is standard cost method?
Under standard cost method, standard costs for material labor and overheads are determined first and all these costs are charged to production on that standard costs and quantity basis and after that variance analysis is done to find out the reasons for differences in actual costs with standard costs as basis for analysis.
How are standard costs established?
Standard costs are costs established through identifying an objective relationship between specified inputs and expected outputs.
What is achieved by monitoring standard costs?
Standard costs are monitored as a basis for determining the extent to which expectations are realized.
What is the difference between standard cost and estimated cost?
Estimates are the expressions of of opinion based upon past experiences whereas the standard costs are based upon standard rate that are very carefully developed and set as scientifically as possible. However, both estimated costs and standard costs are related to future period of time but there are some significant differences between them. Some major differences between standard costs and estimated costs are listed below:1. Estimated costs are the expressions of opinion based upon experience. Standard costs are based upon standard rates that are carefully developed and set as scientifically as possible.2. Estimated costs are used by those firms that follow historical costing system. Standard costs are used by those organizations that follow standard costing.3. Estimated costs are based on actual costs and anticipated costs. Standard costs are fixed after scientific analysis of relevant cost elements.4. Estimated costs are based on approximation. Standard costs are based upon specifications.5. Estimated costs are normally used as guideline for price determination, quoting the selling price etc. Main purpose of standard costs is to serve as a tool for cost control.
What is standared costing?
Under standard costing standard costs are determined which are required to produce one unit of product and then variance analysis is done to find out if there is any variations form standards costs and actual costs and then try to eliminate those variations. The whole process is called standard costing.
Why cant F11 and F12 be found on the standard keyboard?
They are on a Standard Keyboard. You must have a different kind if they are not there.F11 & F12 are on a standard keyboard and a Mac keyboard. You are not using a standard keyboard if they are missing.
What are the kind of keyboard?
standard keyboard,enhanced keyboard
How much weight will the Keyboard Tray w/ Articulating Arm hold?
The Keyboard Tray with Articulating Arm will only hold the average weight of a standard keyboard, which is two to three pounds.
What is the average price of a keyboard?
A good gaming keyboard usually costs around $60 dollars. Prices will vary depending on the brand, though a Logitech gaming keyboard can usually be bought for around that price.
Does the samsung s5600 have a qwerty keyboard?
no it has standard keyboard
Is standard 100 keyboard common?
no. i have a 114 keyboard
How many piano keys are there on a standard piano keyboard?
A standard piano keyboard has 88 keys.
What is the difference between a standard keyboard and an ergonomic keyboard?
An ergonomic keyboard is designed with a slight curve to it to help reduce the amount that the wrists need to be turned to access the home row properly. The standard keyboard is straight and does not take this into consideration.
What is a keyboard in which a standard keyboard graphic displays on the users screen?
virtual keyboard
Another name for standard keyboard?
we are using the QWERTY keyboard
What is the lowest key on a standard piano keyboard?
The lowest key on a standard piano keyboard is the A0 key, which is the first key on the left side of the keyboard.
How many piano keys are there in total on a standard piano keyboard?
A standard piano keyboard has 88 keys in total.
