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Actual production for the month is: Required: 1.1 Calculate (in Rands) and comment (favourable / unfavourable) on the following variances: 1.1.1 Total material variance. (4)
Actual production for the month is: Required: 1.1 Calculate (in Rands) and comment (favourable / unfavourable) on the following variances: 1.1.1 Total material variance. (4) 1.1.2 Fixed overhead spending variance. (4) 1.1.3 Variable overhead efficiency variance. (4) 1.1.4 Variable overhead rate variance. (4) 1.1.5 Labour Rate variance. (4) 1.1.6 Labour Efficiency Variance. (4)
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