Managers are constantly comparing the costs of what was expected to happen with the costs of what did happen. By examining the differences, or variances, managers can learn much valuable information. Identify and discuss the steps involved in variance analysis.

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The Answer of Managers are constantly comparing the costs of what was expected to happen with the costs of what did happen. By examining the differences, or variances, managers can learn much valuable information. Identify and discuss the steps involved in variance analysis.

Managers Are Constantly Comparing the Costs of What Was Expected