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If a company was to switch to using more labor and less automation, what will be the effect on the following variances? ( used Favorable,
If a company was to switch to using more labor and less automation, what will be the effect on the following variances? ( used Favorable, Unfavorable, or no effect)
Labor rate variance-
Labor efficiency variance-
Variable overhead rate variance-
Variable overhead efficiency variances where overhead is allocated based on machine hours-
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