PLEASE HELP ME WITH THE BELOW QUESTION (I NEED THE ANSWER ASAP). PLEASE HELP!!.. APPRECIATE IT!!
âWonderful! Not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well,â said Kim Clark, president of Martell Company. âOur $15,400 overall manufacturing cost variance is only 4% of the $1,536,000 standard cost of products made during the year. Thatâs well within the 3% parameter set by management for acceptable variances. It looks like everyone will be in line for a bonus this year.â