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Complete the following cost variance report for July. Springsteen Company investigates all variances greater than...

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Accounting

Complete the following cost variance report for July. Springsteen Company investigates all variances greater than $5,000 or 5%.
(Use Exhibit 10-5.)(Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for
no effect (i.e., zero variance). Round "Percentage of Standard Cost" to 2 decimal places.)
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