Standard v budgeted costs - what's the difference
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sorcha
Registered Posts: 9 New contributor 🐸
Please, please can someone explain the difference between these two when calculating costings in MAC Unit 33
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Budgeted costs are the standard costs of the planned output
Standard cost of actual production is the standard cost of the actual output
Standard cost of kgs purchased is the standard cost of 1 kg x the actual kgs purchasedSandy
sandy@sandyhood.com
www.sandyhood.com0
