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COMPILE a cost report for your department in which you clearly identify variances and provide an EXPLANATION of each variance (consider the full range of

  1. COMPILE a cost report for your department in which you clearly identify variances and provide an EXPLANATION of each variance (consider the full range of potential variances refer to the unit standard for guidance)
  2. DESCRIBE theoretically the various accounting techniques that you would use to record, analyse and prepare this cost report.

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