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Open a new thread on the discussion board. Discuss ideal standards versus currently attainable standards. Which is usually adopted? Why? How does standard costing improve

Open a new thread on the discussion board. Discuss ideal standards versus currently attainable standards. Which is usually adopted? Why? How does standard costing improve the control function? What is the cause of an unfavorable volume variance? Does the volume variance convey any meaningful information to management? Should the volume variance always be written off to the cost of goods sold?

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