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hho8e_ewp_22-2 - allowed for that number of outputs 5 Shows...

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1. A budget for a single unit. 2. Using standards based on "best practice." 3. Measures how well the business keeps unit prices of material and labor inputs within standards. 4. Measures whether the quantity of materials or labor used to make the actual number of outputs is within the standard
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Unformatted text preview: allowed for that number of outputs. 5. Shows how well management has controlled overhead costs. 6. Arises when actual production differs from expected production. S22-2 (10 min)...
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