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Business, 20.12.2019 06:31 esdancer3494

Which of the following statements is true? a) an unfavorable variance results when actual costs are decreasing but standards are not changed. b) variances are the differences between total actual costs and total standard costs. c) when actual costs exceed standard costs, the variance is favorable. d) all of the above are true.

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Which of the following statements is true? a) an unfavorable variance results when actual costs are...
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