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    A favorable cost variance

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    A favorable cost variance of significant magnitude _________.

    is a result of poor planning, if investigated, may lead to improved production methods, indicates management does not need to be concerned about lax standards, or does not need to be investigated

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    https://brainmass.com/business/management-accounting/favorable-cost-variance-34702

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    Answer:

    A favorable cost variance of significant magnitude if investigated, ...

    Solution Summary

    A favorable cost variance is denoted. The improved production methods are analyzed.

    $2.49

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