1) Compute the following variances (be sure to clearly label the name of each variance...

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Accounting

1) Compute the following variances (be sure to clearly label the name of each variance presented): A) direct materials variance B) Direct labour variance C) Variable overhead variances D) Fixed overhead variances 2) Provide an explanantion to managers of potential causes of the variance results (both positive and negative) for two of the variances a, b, c or d above (including each specific variance for each). Include in yoru explanation any variances that have relationships with each other.
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