Advanced (a) Specify and explain the factors to be consid ered in determining whether to investigate a
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Advanced
(a) Specify and explain the factors to be consid¬ ered in determining whether to investigate a variance which has been routinely reported as part of a standard costing system. (12 marks)
(b) Describe how accumulated production variances should be treated at the end of an accounting period. (8 marks)
(Total 20 marks)
ACCA P2 Management Accounting
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Mehwish Aziz
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