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Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data
Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are for March. Required: a. Prepare a varlance analysis for each varlable cost for each product. b. Prepare a fixed overhead varlance analysis for each product. (For all requirements, Do not round Intermedlate calculations. Indlcate the effect of each varlance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select elther option.)
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