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briefly discusses why it is important to make variance analyses, and how to conduct such analyses...

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Accounting

briefly discusses why it is important to make varianceanalyses, and how to conduct such analyses in a manufacturingcompany. Please apply the “Cost-Benefit Approach” in yourdiscussion whenever possible.

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Variance analyses is important because in variance analyses we analyses the variations between standard and actual Eg We made a production plan and we procure the material of 100 kg as per our production    See Answer
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