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PepsiCo, Inc budgeted to produce 10,000 units of a product with a total cost of $200,000. However, they actually produced 9,500 units at a total

PepsiCo, Inc budgeted to produce 10,000 units of a product with a total cost of $200,000. However, they actually produced 9,500 units at a total cost of $205,000. Calculate the spending variance, efficiency variance, and total variance for PepsiCo, Inc. Analyze the variances and provide insights into the company's performance.

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