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One of the ways companies control operations is through the use of variances. The budget variance for variable production costs is broken down into price

One of the ways companies control operations is through the use of variances. The budget variance for variable production costs is broken down into price and quantity variances. Explain why the quantity variance is more useful for control purposes than the price variance. Use examples to demonstrate your understanding of the price and quantity variances. Your response should contain at least 100 words. In your feedback to another student, provide substantive comments, including a critique of their examples.


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