Suggest how management can utilize variance analysis in, Accounting Basics

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Suggest how management can utilize variance analysis in

Discussion 1

Suggest how management can use the real-time variance data analysis to improve operations.
Evaluate the potential risk that management may encounter by relying on the real-time data, without further investigation.

Discussion 2

Suggest how management can utilize variance analysis in improving the efficiency of activities during the manufacturing process.
Create a plan to address efficiency variances at the batch level during the manufacturing process.

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