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The head of production at your manufacturing facility said, Our manufacturing processes are doing great....

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Accounting

The head of production at your manufacturing facility said, Our manufacturing processes are doing great. All our variances for materials, labor, and overhead are favorable. Actual costs for all our products are far below standard costs. We are killing it! You, as company controller, just shake your head and think of how you respond to the head of production. What would you say?

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