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Max Points: 5.0 Choose one of the following variance types, and give an example of what it indicates about a company's operations: Favorable direct materials cost variance Favorable direct materials efficiency variance Favorable direct labor cost variance Favorable direct labor efficiency variance Favorable variable overhead cost variance Favorable variable overhead efficiency variance Unfavorable direct materials cost variance Unfavorable direct materials efficiency variance Unfavorable direct labor cost variance Unfavorable direct labor efficiency variance Unfavorable variable overhead cost variance Unfavorable variable overhead efficiency variance Choose a variance that has not been chosen by another one of your classmates, or provide an explanation that differs from those explained by your classmates. Participate in follow-up discussion by challenging your classmates' posts, expanding upon your classmates' posts, and/or providing additional alternatives with regard to reasons for the variances.
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