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Given the information provided, calculate the following variances. For each one, indicate the effect of...

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Accounting

Given the information provided, calculate the following variances. For each one, indicate the effect of each variance by writing beside it "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).
1. The materials price and quantity variances.
2. The labour rate and efficiency variances.
3. The variable manufacturing overhead spending and efficiency variances.
4. The fixed manufacturing overhead budget and volume variances.
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