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please clearly lable each question 1. Calculate and prepare the static budget, flexible budget, and actual results based upon the following information. 2. Answer the

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please clearly lable each question

1. Calculate and prepare the static budget, flexible budget, and actual results based upon the following information. 2. Answer the following questions: - Using the Variance Analysis Information , what are the profit variance, revenue variance, and cost variance? - Considering the revenue side, what is the volume variance and price variance? - Considering the cost side, what is the volume variance and management variance? - Break the management variance into labor, supplies, and fixed cost variances. - Break down the labor and supplies variances into rate/price and efficiency/usage components. 3. Submit a copy of your work below

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