Question: When using a standard cost system: managers should ignore favourable variances and focus on unfavourable variances. an undue emphasis on labour efficiency variances can create

When using a standard cost system:
managers should ignore favourable variances and focus on unfavourable variances.
an undue emphasis on labour efficiency variances can create pressure to build excess inventory.
the information in the variance reports may be too old to be useful.
When using a standard cost system: managers

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