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InterviewSolution
| 1. |
What is a physical standard |
| Answer» A quantitave estimation taken to analyze all of the\xa0requirements\xa0which must be fulfilled for any production process to take place. For instance, the\xa0requirements\xa0of the machine, the method of calculating the labor as well as the main method used to determine the\xa0standard\xa0costs are all known as the\xa0physical standards. | |