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8 October, 06:09

If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must you do to correct the problem?

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  1. 8 October, 06:16
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    Investigate the production costs incurred and the mix and yield of the product

    Explanation:

    The Variance lies in the Price/Cost and Usage. Therefore to correct the problem, Investigate the production costs incurred and the mix and yield of the product.
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