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The primary purpose of calculating standard cost variances each period is: A. To achieve financial control regarding operating activities. B. To facilitate the recording of

The primary purpose of calculating standard cost variances each period is:

A.

To achieve financial control regarding operating activities.

B.

To facilitate the recording of manufacturing costs during a period.

C.

To adjust reported income to flexible-budget income.

D.

To diagnose the cause of operating problems as well as what should be done to correct such problems.

E.

To minimize income tax liabilities.

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