Question: Explain what are some causes that create a material price and usage variance. Who in the organization is more likely to be responsible for each

Explain what are some causes that create a material price and usage variance. Who in the organization is more likely to be responsible for each material variance?

Explain what are some causes that create a labor rate and efficiency variance. Who in the organization is more likely to be responsible for each labor variance?

What type of companies would benefit by using standard costing in managing their business operations?

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