Why are two variances, rather than one, used to measure and control materials and labor costs?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 28, 2011 03:37 AM

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Why are two variances, rather than one, used to measure and control materials and labor costs?

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Accounting concepts and applications

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