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QUESTION 1 10 points The Great Acceptance Company produces two products, A and B. The following information is available regarding their budget and actual performance

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QUESTION 1 10 points The Great Acceptance Company produces two products, A and B. The following information is available regarding their budget and actual performance Budget Actual B A B Unit Sales 3,000 5.000 4,200 5,800 Unit Selling Price $150.00 $125.00 $150.00 $100.00 Unit Cost $ 90.00 $ 35.00 $100.00 $ 90.00 The following information is available regarding the industry volume. Budgeted Volume 80.000 Actual Volume 120,000 Required: 1. Do as detailed of an analysis of variances as the data wil permit including mix and market-based variances Provide an explanation of the underlying cause for each of the variances ALTIN

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