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Business, 20.05.2021 23:30 1lowz1k

Match each of the following phrases with the term it describes. a. Summarizes actual costs, standard costs, and the differences for units produced
b. Actual cost > standard cost at actual volumes
c. Actual cost < standard cost at actual volumes
d. Currently attainable standard
e. Theoretical standard

1. Favorable cost variance
2. Normal standard
3. Ideal standard
4. Budget performance report
5. Unfavorable cost variance

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Match each of the following phrases with the term it describes. a. Summarizes actual costs, standar...
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