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What are the two possible sources of information a company might use to compute the budgeted amount in variance analysis? Why might managers find a
What are the two possible sources of information a company might use to compute the budgeted amount in variance analysis? Why might managers find a flexible-budget analysis more informative than a static-budget analysis? Describe three reasons for an unfavorable direct manufacturing labor efficiency variance. How does variance analysis help in continuous improvement? Why might an analyst examining variances in the production area look beyond that business function for explanations of those variances?
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