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3 , 2 points Of the following pairs of variances found in a flexible budget variance analysis, which pair is most likely to be correlated?

3,2 points
Of the following pairs of variances found in a flexible budget variance analysis, which pair is most likely to be correlated?
Material price variance and variable overhead efficiency variance
Labor rate variance and variable overhead efficiency variance
Material quantity variance and labor efficiency variance
Labor efficiency variance and fixed overhead volume variance
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