Question: Refer to the data in Exercise 9-4. Required: 1. Compute overhead variances using a two-variance analysis. 2. Compute overhead variances using a three-variance analysis. 3.

Refer to the data in Exercise 9-4.

Required:
1. Compute overhead variances using a two-variance analysis.
2. Compute overhead variances using a three-variance analysis.
3. Illustrate how the two- and three-variance analyses are related to the four-variance analysis.

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