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Vinnie's Meatball House makes delicious meatballs. They use a flexible budget system with the following standard costs: Management would like you to compute: 1) Direct

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Vinnie's Meatball House makes delicious meatballs. They use a flexible budget system with the following standard costs: Management would like you to compute: 1) Direct Materials Price Variance 2) Direct Labor Rate Variance 3) Direct Labor Efficiency Variance Please indicate if the variance is Favorable (F) or Unfavorable (U)

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