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(b) Discuss how the operating statement you have produced can assist managers in:(i) controlling var

时间:2021-04-20 20:20:48 解答: 85 次

(b) Discuss how the operating statement you have produced can assist managers in:

(i) controlling variable costs;

(ii) controlling fixed production overhead costs. (8 marks)

正确答案:

(b) Controlling variable costsThe first step in the process of controlling costs is to measure actual costs. The second step is to calculate variances that showthe difference between actual costs and budgeted or standard costs. These variances then need t

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