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Evaluate the significance of the variances in terms

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Reference no: EM132523942

Question 1: Variance Analysis: Identify - Identifies all variances for the direct labor time and the materials price. This can also be copied and pasted from your workbook.

Question 2: Variance Analysis: Significance of the Variance - Evaluate the significance of the variances in terms of their potential to impact future budgeting decisions and planning. In other words, how will these variances affect your future budgets?

Reference no: EM132523942

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