Standard costs have the following characteristics which include:
- Used in preparing fixed budgets.
- Based on past experience and data.
- Used in preparing flexible budgets.
<h3>What is Standard cost?</h3>
This refers to the estimated cost involved in the production of goods and services and is usually compared with the actual cost to measure disparities.
It is usually gotten based on past experience and data and can be used to prepare different types of budget used by different organizations and government as a whole.
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Answer:
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Explanation:
but happy birthday
A factory worker is one who works in the factory and usually operates the machines to complete a task so that a production can be made.
Most times though, these factory workers face some <em>work hazards </em>which can include( but not limited to):
- Work related injuries
- Work related Stress
- Possible loss of life due to machine malfunction, etc.
With all these in mind, we can see that it is important that workers get some form of protection at work so that they would not face these work related dangers and in the event that they do face them, they would get adequate compensation.
Please note that your question is incomplete so I gave you a general overview to help you better understand the concept.
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Answer:
Explanation:
I cannot read the language. Please translate it and I can help you solving it.