Management Accounting: Sales Price and Volume Variances, Merits and Demerits of Variance Analysis, Make-or-Buy Decision
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This article discusses the computation of sales price and volume variances in management accounting, the merits and demerits of variance analysis in assessing managers' performance, and the make-or-buy decision in the case of XLG company. It provides insights into the application of variances in performance evaluation and the factors to consider in make-or-buy decisions.