10. Abrams, Inc., provides the following results of March's operations: Direct materials price variance ......
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10. Abrams, Inc., provides the following results of March's operations: Direct materials price variance ... Direct materials quantity variance .......... Direct labor rate variance ............. Direct labor efficiency variance .............. Variable overhead spending variance ...... Variable overhead efficiency variance Fixed overhead spending variance Fixed overhead volume variance ....... $ 400F 2,000U 100U 1,200F 400U 800F 100U 600F Required: (a) Determine the total overhead cost variance for March. (b) Applying the management by exception approach, which of the variances shown are of greatest concern (you may choose more than one)? Why
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