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Your explanation makes sense. Thank you ? And the answers are provided it’s just that I didn’t understand the rationale behind the correct answer.
No I do watch your videos. They are extremely helpful for me. It’s just that I forget stuffs too soon.
Hey can you clarify me on why standard loss doesn’t affect MATERIAL mix VARIANCES? As far I have understood’ the material mix variances assess the financial impact of actual mix differing from standard mix for the actual production.
Because the analysis skills needed to pass the paper is hard to develop and takes time and effort.
No, you are wrong. The answer is B. I checked the answers. And I am asking you because I don’t understand the explanation. It’s very brief. It just states these are the features of JIT system. And it’s a part of syllabus and revision kit doesn’t even have a single question on it. Why shouldn’t I attempt mock questions huh?