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1. Price variance (AP-SP)*AQ (for materials) or AH (for labor) 2. Usage variance (AQ-SQ)*SP 3. Variable Overhead variance (AC-SC)*AU Discussion Scenario: Which line items on

1. Price variance

(AP-SP)*AQ (for materials) or AH (for labor)

2. Usage variance

(AQ-SQ)*SP

3. Variable Overhead variance

(AC-SC)*AU

Discussion Scenario:

Which line items on the financials do you think might have unfavorable variances during the pandemic?

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