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What is a method variance in variance analysis?a)The difference between standard cost and actual cost based on alternative methodsb)The difference between standard cost and actual cost caused by fluctuations in demand and supplyc)The difference between standard cost and actual cost caused by inefficiency in resource utilizationd)The difference between standard cost and actual cost due to a change in market conditionsCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is a method variance in variance analysis?a)The difference between standard cost and actual cost based on alternative methodsb)The difference between standard cost and actual cost caused by fluctuations in demand and supplyc)The difference between standard cost and actual cost caused by inefficiency in resource utilizationd)The difference between standard cost and actual cost due to a change in market conditionsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is a method variance in variance analysis?a)The difference between standard cost and actual cost based on alternative methodsb)The difference between standard cost and actual cost caused by fluctuations in demand and supplyc)The difference between standard cost and actual cost caused by inefficiency in resource utilizationd)The difference between standard cost and actual cost due to a change in market conditionsCorrect answer is option 'A'. Can you explain this answer?.

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