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Acme Inc. has the following information available: A. Compute the material price and quantity, and the labor rate and efficiency variances. Enter all amounts as

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Acme Inc. has the following information available: A. Compute the material price and quantity, and the labor rate and efficiency variances. Enter all amounts as positive numbers. B. What are some possible causes for this combination of favorable and unfavorable variances? We paid more for our raw material, and assembly took fewer hours than expected

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