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Imagine a manufacturing company had an overall spending variance in materials that was $50,000 (unfavorable). 1. Explain what this means? 2. What information is excluded

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Imagine a manufacturing company had an overall spending variance in materials that was $50,000 (unfavorable). 1. Explain what this means? 2. What information is excluded from this overall spending variance that would be helpful to you as a manager? No generic answers please. Number your responses

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