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Assume that you have discovered that there is a significant unfavorable standard price variance in nuts at Muesli AG . You have also noticed that

Assume that you have discovered that there is a significant unfavorable standard price variance in nuts at Muesli AG $.$ You have also noticed that there is a favorable quantity $($ efficiency $)$ variance for the nuts.

Why should these standard cost variances for nuts be of concern to management? What might have caused these variances?

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