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Spending variances for each respective account are equal to: (Select all that apply and assume the quantity of materials used is equal to the quantity

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Spending variances for each respective account are equal to: (Select all that apply and assume the quantity of materials used is equal to the quantity of materials purchased) VMOH: Production Volume Variance + Rate Variance DM: Price Variance + Quantity Variance DL: Labor Rate Variance + Labor Efficiency Variance DL: Labor Rate Variance + Labor Activity Variance DM: Static Variance - Price Variance

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