One of the major management

One of the major - • Variances are the differences between total actual costs and total standard costs

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One of the major management uses of standard costs is to identify variances from standards.
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Unformatted text preview: • Variances are the differences between total actual costs and total standard costs...
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This note was uploaded on 12/26/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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