Week 5 discussions
Standards, Variances, Flexible Budgets (graded) |
To begin, please read Case 10B-5 on page 471, Ethics and the Manager. How were the standard costs developed? Are the standards set too high or too low? Please elaborate.
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Let’s look at Case 9-26, Ethics and the Manager, in Chapter 9, page 414, and address and discuss the question there.