Most organizations believe that it is not worthwhile to monitor individual overhead to the same extent as labor and material variances.

Name: Most organizations believe that it is not worthwhile to monitor individual overhead to the same extent as labor and material variances.
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Question

Quizplus · Accepted Answer

Organizations typically focus more on monitoring labor and material variances because they directly impact the cost of the product or service, while overhead costs are more fixed and difficult to control at an individual level.

Most Organizations Believe That It Is Not Worthwhile to Monitor