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As a manager, how might you determine the standard price and quantity of materials

As a manager, how might you determine the standard price and quantity of materials

As a manager, how might you determine the standard price and quantity of materials, labor, and overhead for a particular product? 

101. What is “task analysis” and how is it used in the context of variance analysis? 

102. 

A.

How do ideal and practical standards differ?

B.

As an employee who is evaluated based upon standards, which would you prefer and why?

 

 

 

 

103. What is the difference between a static and a flexible budget? Which one is most often used in variance analysis and why? 

Abhinav 11-Jan-2020

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