<How do you think the idea of standard costs could be used in a service indu

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How do you think the idea of standard costs could be used in a service industry like a hospital, clinic, law office, insurance company, IT department, non-profit and so on? 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.<
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Replying to Classmate post #1 by McGreGor Gerome – 150 Words<
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Replying to Classmate post #2 by Karine Borelly = 150 Words<
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