You have been immersed in the world of cost accounting for the past seven (7)...
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Accounting
You have been immersed in the world of cost accounting for the past seven (7) weeks. At this point in the course, As a user, describe how you would use two (2) of the variances "calculated" to make better management decisions. Use one variance from Chapter 7 and one variance from Chapter 8 as your choices. Explain from your viewpoint how Flexible Budgets and Management Control help assess Overhead Variances that are either Favorable or Unfavorable.
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