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Managerial Accounting. Variances Discussion

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Here are the instructions for this discussion:

SCENARIO
Read the following scenario and then thoughtfully discuss the questions.

Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.

DISCUSS
What department would be responsible for the variance?
What would you recommend to correct the variance?
Explain your reasoning.

Sample Solution

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