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Business, 16.03.2020 20:25 Evycin

Requirement 2. Discuss some possible causes of the variances you have calculated. Can you make any possible connection between the material and labor variances? What recommendations do you have for future improvement?The materials price and efficiency variances could be an indication that the company purchased more expensive ingredients of higher quality, which resulted in more than the standard number of rejected units. The labor price variance suggests that less experienced workers may have worked more, resuting in a faster work pace and a higher than normal amount of rejects or waste.

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Requirement 2. Discuss some possible causes of the variances you have calculated. Can you make any p...
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