Production cost variances are not useful in my company. There is substantial learning that takes place, so

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"Production cost variances are not useful in my company. There is substantial learning that takes place, so we are more efficient, the more we produce. A standard cost sheet doesn't reflect that." Do you agree?

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Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Oct 19, 2016 10:06 AM

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Production cost variances are not useful in my company. There is substantial learning that takes place, so

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Disagree Variances are based on the difference between actual and budgeted results The ...View the full answer

Fundamentals of Cost Accounting

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