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The following operating income statement shows the actual results for July: Required: Prepare a profit variance analysis for the Superior Plant for July. (Do not

image text in transcribedimage text in transcribed The following operating income statement shows the actual results for July: Required: Prepare a profit variance analysis for the Superior Plant for July. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

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