Managers can use variance analysis to make decisions about the mix of products to make.

Name: Managers can use variance analysis to make decisions about the mix of products to make.
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Question

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Variance analysis helps managers understand the differences between actual and expected results, and can be useful in identifying which products or product lines are most profitable or which ones are in need of improvement. This information can help inform decisions about which products to prioritize or discontinue.

Managers Can Use Variance Analysis to Make Decisions About the Mix