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Social Studies, 19.11.2019 05:31 odugerry

What does a cost variance measure?
a. the volume discounts companies receive when ordering direct materials in large quantities.
b. how well the business keeps unit costs of material and labor inputs within standards.
c. the change in costs over time.
d. the difference between the cost the company pays and the cost its competitors pay.

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What does a cost variance measure?
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