The purpose of identifying manufacturing variances and assigning responsibility to a person/department should be to: a. Use
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Question:
The purpose of identifying manufacturing variances and assigning responsibility to a person/department should be to:
a. Use the knowledge about the variances to promote learning and continuous improvement in the
manufacturing operations
b. Trace the variances to finished goods so that the inventory can be properly valued at year-end
c. Determine the proper cost of the products produced so that selling prices can be adjusted accordingly
d. Pinpoint fault for operating problems in the organization
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