Why does merely understanding the arithmetic relationship among materials and efficiency variances fail to explain the flexible

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Why does merely understanding the arithmetic relationship among materials and efficiency variances fail to explain the flexible budget variance?

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Cost Accounting A Managerial Emphasis

ISBN: 9780135004937

5th Canadian Edition

Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing

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