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3. Compute price and efciency variance for both direct material and direct manufacturing labor 4. Comment on the level 3 variances you computed Chapter 8

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3. Compute price and efciency variance for both direct material and direct manufacturing labor 4. Comment on the level 3 variances you computed Chapter 8 Questions 1. Compute the level 3 variances for overhead 2. Compute the production-volume variance and reconcile it to the salesvolume variance 3. Why does a production volume variance exist

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