Question: Using APA format, provide at least two citations with corresponding references, page number and use appropriate in-text citation(s) for your post. ONLY RESPOND TO THE

Using APA format, provide at least two citations with corresponding references, page number and use appropriate in-text citation(s) for your post. ONLY RESPOND TO THE TOPIC CREATED BY THE LECTURER, DO NOT CREATE YOUR OWN TOPIC. FAILURE TO FOLLOW INSTRUCTIONS WILL RESULT IN NO GRADE Initial post length: maximum 200 words

1. In Standard Costing, Adverse and Favourable variances are subjective to the type of variance being calculated.

What type of variance determines a variance favourable or adverse when the budgeted is greater than the actual?

What type of variance determines a variance favourable or adverse when the budgeted is less than the actual?

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