Plot the actual costs over time

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Problem - During the last 6 weeks, the actual costs of materials for Brennen Company were as follows: The standard materials cost for each week was $60,000 with an allowable deviation of ±6,000.

Required - Plot the actual costs over time against the upper and lower limits. Comment on whether or not there is a need to investigate any of the variances.

Reference no: EM132701366

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