Total quality management believes that it is more expensive to rework products than to get them right the first time (Chartered Quality Institute, 2016). In other words, with total quality management, the quality of a product cannot be compromised for the purpose of saving money. This is well illustrated by budget variations and how accountants must examine them as part of total quality management. You might believe that a favorable change in prices is automatically a good thing; however, this price drop is often the result of a lower quality product. The same idea can be applied to rate variance, although a favorable rate variance may not always mean unskilled workers. Unskilled workers increase the possibility of errors that ultimately reduce the quality of a product. Accountants need to look carefully at variations and not take everything at face value when building the product