Question: Dancing Waters produces fountains The company analyzes only variances that

Dancing Waters produces fountains. The company analyzes only variances that differ by more than 5 percent from the standard cost. The controller computed the following direct labor efficiency variances for May:

For each product, determine the variance as a percentage of the standard cost (round to one decimal place). Then identify the products for which variances should be analyzed and suggest possible causes for thevariances.

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  • CreatedMarch 26, 2014
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