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Of the following pairs of variances found in a flexible budget report, which pair is most likely to be related? a. Materials price variance and

Of the following pairs of variances found in a flexible budget report, which pair is most likely to be related?

a. Materials price variance and variable overhead efficiency variance

b. Labor rate variance and variable overhead efficiency variance

c. Material usage variance and labor efficiency variance

d. Labor efficiency variance and fixed overhead volume variance

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