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A company that produces patio umbrellas is calculating its cost variances. If the company has an unfavorable cost variance, which of the following situatons has

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A company that produces patio umbrellas is calculating its cost variances. If the company has an unfavorable cost variance, which of the following situatons has occurred? customers return defective items operations standards are achieved standard costs are more than actual costs. Actual costs are more than standard costs

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