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EBK
Apr 16, 2009, 05:45 PM
Material and labor variances for timber industries were as follows:
Material price variance- favorable
Material usage variance- unfavorable
Direct labor rate variance- favorable
Direct labor efficiency variance- unfavorable

Required:
Based on the facts stated, identify contributing factors for the variances noted. And discuss how timber industries could use variance analysis

morgaine300
Apr 16, 2009, 07:39 PM
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