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7 . Discuss the differences among actual costing, normal costing, and standard costing. 1 0 . When should a standard cost variance be investigated? 1

7 .

Discuss the differences among actual costing, normal costing, and standard costing.

10 .

When should a standard cost variance be investigated?

13 .

The materials usage

(

MUV

)

variance is always the responsibility of the production supervision. Do you agree or disagree? Why?

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