DQ Week 5

 Respond to the following in a minimum of 175 words:

Organizations determine standard costs for labor, materials, and overhead. Discuss variances for labor, materials, and overhead. How do these variances differ from the standard costs? How is each computed? Why is calculating variances useful to an organization? 

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DQ Week 5 was first posted on February 14, 2020 at 1:18 pm.
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