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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 20, 2016



Title: What do cost variances measure?
Post by: Deprecated on Sep 20, 2016
What do cost variances measure?
A) how well the business keeps unit costs of material and labor inputs within standards
B) the difference between the cost the company pays and the cost its competitors pay
C) the volume discounts companies receive when ordering direct materials in large quantities
D) the change in costs over time


Title: Re: What do cost variances measure?
Post by: Tanks on Sep 20, 2016
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Title: Re: What do cost variances measure?
Post by: Deprecated on Oct 12, 2016
Makes perfect sense, thx