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Prepare a memo to your subordinate, using a program like Word. Summarize and analyze the actual costs in relation to the standard costs incurred for
Prepare a memo to your subordinate, using a program like Word. Summarize and analyze the actual costs in relation to the standard costs incurred for the month. Ask for clarification of any variances that need to be investigated. Be sure to include whether alternatives exist for the future of the organization and explain how the results of the variance analysis might influence those alternatives.
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